Market Integration in Mozambique:: A Non-Parametric Extension to the Threshold Model

One of the main drawbacks of current methods to measure market integration is the assumption of constant transaction costs. In this paper, we propose a non-parametric extension to the commonly used threshold models, allowing us to estimate transaction costs in a more flexible way. We illustrate the method using weekly price data on maize collected in selected markets in Mozambique.

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Year of publication:	2012
Authors:	Van Campenhout, Bjorn
Institutions:	International Food Policy Research Institute (IFPRI)
Subject:	Markets \| Economic models \| non-parametrics \| maize

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Extent:	application/pdf
Series:	MSSP working papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series MSSP Working Paper Number 4
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010762092