Abstract:

This research tries to analyse their education of spatial oxen which can be domestic integration; and examines cost modification and pric es causality. Caused by Augmented Dickey Fuller (ADF) t est shows that the 3 factors had been non-stationary at their amounts, and ationary that is st their very first huge difference. The Johansen’s co-integration test suggested that two vectors which are co-integrating that two oxen areas had been connected together. Caused by the VECM reveals that projected modification vector coefficients have actually the most suitable indications (negative) at 1% significant degree and imply moderate speed of cost modification to ward balance.


Key phrases: Oxen Markets, Co-integration, Marketplace integration, Cost adjustment, VECM