Transfer Costs, Spatial Arbitrage and Testing Food Market Integration

Conventional tests for food market integration ask whether prices in different locations move together. This paper develops an alternative and more reliable test methodology: the parity bounds model.

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Baulch, B. (1995) Transfer Costs, Spatial Arbitrage and Testing for Food Market Integration, IDS Working Paper 20, Brighton: IDS.

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IDS

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Baulch, R.

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IDS Working Paper, issue 20

isbn

1 85864 038 5

Working Paper

IDS Working Paper 20

Transfer Costs, Spatial Arbitrage and Testing Food Market Integration

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