Spatial Market Integration of Livestock Products and Road Conditions in Mongolia
Japan Agricultural Research Quarterly
ISSN | 00213551 |
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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 | |
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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 |