Spatial Market Integration of Livestock Products and Road Conditions in Mongolia

Japan Agricultural Research Quarterly
ISSN 00213551
NII recode ID (NCID) AA0068709X
Full text
47-04-11.pdf1.62 MB

This paper evaluates the spatial linkages between the livestock product markets in Mongolia and the effects of road conditions on market transactions. It is based on the Engle-Granger test, an error correction model, and a model of market integration using the monthly price datasets of livestock products in Mongolia during 2005-2009. Empirical analysis indicates that the most and least integrated markets are the cashmere and milk markets, respectively. Extending paved roads might tighten the integration of the livestock products markets.

Date of issued
Creator KUSANO Eiichi SAIZEN Izuru
Subject

Engle-Granger test

Error Correction Model

price

Publisher Japan International Research Center for Agricultural Sciences
Available Online
NII resource type vocabulary Journal Article
Volume 47
Issue 4
spage 423
epage 433
DOI 10.6090/jarq.47.423
Rights Japan International Research Center for Agricultural Sciences
Language eng

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