题名: |
Determinants of Market Integration and Price Transmission in Indonesia |
责任者: |
Varela, Gonzalo<=>Aldaz-Carroll, Enrique<=>Iacovone, Leonardo |
关键词: |
International Economics and Trade;Access to Markets;Macroeconomics and Economic Growth;Markets and Market Access;Macroeconomics and Economic Growth;Climate Change Economics;Private Sector Development;Emerging Markets;Transport Economics Policy and Planning;Transport |
学科分类: |
交通运输规划与管理 |
摘要: |
This paper investigates the determinants of price differences and market integration among Indonesian provinces, using data from retail cooking oil, rice and sugar markets during the period 1993-2007, and from wholesale maize and soybean markets during the period 1992-2006. The authors measure the degree of integration using co-integration techniques, and calculate average price differences. They use regression analysis to understand the drivers of price differences and market integration. For rice and sugar, they find wide market integration and low price differences, in the range of 5-12 percent. For maize, soybeans and cooking oil, they find less integration and higher price differences (16-22 percent). Integration across provinces is explained by the remoteness and quality of transport infrastructure of a province. Price differences across provinces respond to differences in provincial characteristics such as remoteness, transport infrastructure, output of the commodity, land productivity and income per capita. |
出版机构: |
World Bank |
报告类型: |
咨询报告 |
详细地址: |
http://documents.worldbank.org/curated/en/2012/06/16396524/determinants-market-integration-price-transmission-indonesia |
资源类型: |
科技(咨询、行业)报告 |
初始创建时间: |
2012-06 |
最新修改时间: |
2017-12-14T08:55:25Z |