Content №3 от 2002

Econometric analysis of the degree of integration of the national market

The degree of integration of the national market is determined through the statistical analysis of the time series of prices of food and manufactured goods for the 1994-2001 period in 11 economic regions of Russia. In the sub-market of foods about 70% of economic regions are integrated, in the sub-market of manufactured goods such are 45% of regions. Estimated are the convergence rates of regions' prices to the national market equilibrium and to interregional equilibria as well as the integral effect of all factors impeding the consumer market integration.

Gluschenko K. P. [email protected]

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