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
复制标题
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:
影响因子:
--
通讯作者:
Cathy R. Wessells
中科院分区:
文献类型:
--
作者:
F. Asche;Helge Bremnes;Cathy R. Wessells
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.
影响因子:
6.1
作者:
PERRON, P
通讯作者:
PERRON, P