@article{Minten:121302,
      recid = {121302},
      author = {Minten, Bart and Kyle, Steven C.},
      title = {Price Transmission and Price Integration in Food Retail  Markets: The Case of Kinshasa},
      address = {1995-09},
      number = {641-2016-43480},
      series = {SP 95-05},
      pages = {34},
      year = {1995},
      abstract = {Integration of commodity markets in developing countries  has received considerable attention because price  integration is perceived to be central to the success of  food and agricultural policies. Price integration tests are  performed in retail markets in Kinshasa (Zaire),
i.e.  between commodities, among retail markets, and between the  wholesale and retail market level. Price transmission is  measured by incorporating the co-integration concept into  the classical long-run and shon-run market integration  test. It is shown that although wholesale prices are input  prices for retailers, they lack shon-run integration with  retail prices. Differences exist between retail markets  which do not reflect services or transponation costs. It is  hypothesized that this is due to the existence  ofsignificant transactions costs and deficiencies in  information transmission.},
      url = {http://ageconsearch.umn.edu/record/121302},
      doi = {https://doi.org/10.22004/ag.econ.121302},
}