文章基本信息

标题：MARKET STRUCTURE AND SPATIAL PRICE DYNAMICS
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作者：Brorsen, B. Wade ; Chavas, Jean-Paul ; Grant, Warren R. 等
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：1991
页码：65-73
出版社：Food Distribution Research Society
摘要：A method was developed with time series models to test hypotheses about the relationship between market structure and spatial price dynamics. Long-run dynamic multipliers measuring the magnitude of lagged adjustments for spatial milled rice prices were calculated from the time series model and used as the dependent variable in a regression model that included a number of factors expected to influence price determination. Results show that price adjustments were slower as regional submarket concentration increased and were faster in the regions with a higher market share. Arkansas, the state with the largest market share, was consistently a price leader