Product Aggregation, Market Integration, and Relationships between Prices: An Application to World Salmon Markets

Product Aggregation, Market Integration, and Relationships between Prices: An Application to World Salmon Markets
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产品聚合、市场整合和价格之间的关系:在世界鲑鱼市场中的应用

DOI:
10.2307/1244016
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发表时间:
1999
期刊:
ERN: Natural Resource Economics (Topic)
影响因子:
--
通讯作者:
Cathy R. Wessells
Cathy R. Wessells
中科院分区:
--
文献类型:
--
作者:
F. Asche;Helge Bremnes;Cathy R. Wessells

文献摘要

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被引文献

相似文献

商品价格之间的关系在经济学中至少在两个领域--市场一体化和产品聚集--引起了人们的关注。市场整合和集聚之间存在着密切的关系,尽管在最近的文献中并没有太多关注这一点。这种关系可能会增加市场整合研究的有用性。在本文中,这些关系是发展和说明的一个应用程序在世界三文鱼市场。结果表明,对于有5个鲑鱼品种的国际市场,一个价格定律是成立的。这一结果对世界三文鱼市场在需求分析中的产品聚集和国际贸易政策方面都具有重大影响。
Relationships between prices of goods have held interest within economics in at least two areas - market integration and product aggregation. There is a close relationship between market integration and aggregation, although this has not received much attention in the more recent literature. This relationship may increase the usefulness of market integration studies. In this paper, these relationships are developed and illustrated by an application to the world salmon market. It is shown that the Law of One Price holds for an international market with five salmon species. This result has significant implications for the world salmon market regarding both product aggregation in demand analyses and international trade policy.
DOI: 10.2307/1913712
发表时间: 1989-11-01
期刊: ECONOMETRICA
影响因子: 6.1
作者:
PERRON, P
通讯作者: PERRON, P