Spatial Price Transmission in Kazakh Wheat Markets

dc.creatorYakhshilikov, Yorbol
dc.creatorBrosig, Stephan
dc.date2017-04-01T19:22:56Z
dc.date.accessioned2026-07-09T03:51:52Z
dc.descriptionReliable marketing opportunities in both interregional and international trade are an important precondition for further development of the agricultural sector. In this study we assess interregional integration of Kazakh wheat markets. We apply asymmetric threshold error correction models to assess the co-movement of elevator prices at three grain-trading spots in the northern and central parts of the country. Results suggest that markets of two northern grain-trading spots (Petropavlovsk and Kokshetau) are closely connected with each other while their connection with Karaganda in central Kazakhstan is much weaker. Here, levelling out price gaps through arbitrage trade only occurs after a threshold of considerable extent has been surpassed.
dc.identifierdoi:10.22004/ag.econ.25690
dc.identifierhttps://ageconsearch.umn.edu/record/25690/files/pp060325.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/25690
dc.identifier.urihttp://hdl.handle.net/123456789/541104
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/25690
dc.titleSpatial Price Transmission in Kazakh Wheat Markets
dc.typeText

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