TY - CPAPER AB - This paper empirically evaluates the degree of integration among spatially separated markets using monthly wholesale real price series of tomato and onion from regional markets located in each of the four provinces of Pakistan. Unit root test indicates that the price series are stationary, and are represented as autoregressive model for each region. Results of the error correction model show that the markets of both tomato and onion are spatially integrated, however, the overall degree of integration in onion markets is relatively stronger than in tomato markets. This difference may be attributed to relatively lower degree of perishability in onion as compared to tomato. AU - Lohano, Heman D. AU - Mari, Fateh M. DA - 2012 DA - 2012 DO - 10.22004/ag.econ.124611 DO - doi ID - 124611 KW - Demand and Price Analysis KW - Marketing KW - Market integration KW - Error correction model KW - Stationarity L1 - https://ageconsearch.umn.edu/record/124611/files/Lohano_Mari_Market_Integration_AAEA2012.pdf L2 - https://ageconsearch.umn.edu/record/124611/files/Lohano_Mari_Market_Integration_AAEA2012.pdf L4 - https://ageconsearch.umn.edu/record/124611/files/Lohano_Mari_Market_Integration_AAEA2012.pdf LA - eng LA - English LK - https://ageconsearch.umn.edu/record/124611/files/Lohano_Mari_Market_Integration_AAEA2012.pdf N2 - This paper empirically evaluates the degree of integration among spatially separated markets using monthly wholesale real price series of tomato and onion from regional markets located in each of the four provinces of Pakistan. Unit root test indicates that the price series are stationary, and are represented as autoregressive model for each region. Results of the error correction model show that the markets of both tomato and onion are spatially integrated, however, the overall degree of integration in onion markets is relatively stronger than in tomato markets. This difference may be attributed to relatively lower degree of perishability in onion as compared to tomato. PY - 2012 PY - 2012 T1 - Measuring Spatial Integration in Tomato and Onion Markets of Pakistan: An Application of Error Correction Model in the Presence of Stationarity TI - Measuring Spatial Integration in Tomato and Onion Markets of Pakistan: An Application of Error Correction Model in the Presence of Stationarity UR - https://ageconsearch.umn.edu/record/124611/files/Lohano_Mari_Market_Integration_AAEA2012.pdf Y1 - 2012 ER -