Food Price Differences and Market Integration in China
By applying the co-intergration appproach, this paper tests the market integration for the main agricultural products in China. Both long-run market integration and short-run market integration for the main agricultural products are tested and analysed. The study also calculates the Index of Market Connection (IMC) to measure the degree of market integration of the main agricultural products. The study reveals that the major agricultural product markets in China are integrated in long-run, but...[Show more]
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