Spatial Market Integration of Livestock Products and Road Conditions in Mongolia
Japan Agricultural Research Quarterly
| ISSN | 00213551 |
|---|---|
| NII recode ID (NCID) | AA0068709X |
Full text
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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 |