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Long-Term Evolution of Russia’s Market Integration

3 citations0/0 files storedStudies on Russian Economic Development

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Economic and Technological Developments in Russia Economics of Agriculture and Food Markets Russia and Soviet political economy

Abstract

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.

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2003Regional integration: an empirical assessment of Russia 1996Relative Price Convergence in Russia

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