ANALYSIS OF INTEGRATION AND PRICE EFFICIENCY: A CASE OF INDONESIAN COCOA BEANS EXPORT MARKET
In international trade, two market are spatially integrated when the price of one commodity traded continuously and has same price movement after adjusting the exchange rate and transaction cost. This condition indicate that price eficiency because information of price is well spread, so no particip...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
University of Brawijaya
2020-04-01
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Series: | AGRISE |
Subjects: | |
Online Access: | https://agrise.ub.ac.id/index.php/agrise/article/view/382 |