Long-Term Evolution of Russia’s Market Integration
Year: 2021
Type: article
Abstract: This article considers an aggregated national market represented by a staples basket and analyzes changes in its spatial integration during 1992 to 2019. In an integrated market, interaction of demand and supply in the national space, and not in a regional space, determines the regional price of a good. Based on this, the extent of dependence of regional prices on regional quantities demanded serves for measuring the degree of market integration.
Author: K. P. Gluschenko
Language: English
Subfield: Development
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W3020868266
