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Spatial Price Differences During Market Trade Transitions

Published online by Cambridge University Press:  28 April 2015

John E. Ikerd
John E. Ikerd*
Affiliation:
North Carolina State University
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Extract

Interregional trade and associated price differences between regions has been the subject of extensive economic analysis. Trade patterns reflect intraregional supply and demand conditions and transfer cost among regions. Once patterns of trade are established, price differences among regions simply reflect transfer cost from exporting to importing regions. But, patterns of trade do not necessarily remain stable over time.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 5 , Issue 2 , December 1973 , pp. 51 - 55
Copyright
Copyright © Southern Agricultural Economics Association 1973

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References

[1]Bressler, Raymond G. Jr., and King, Richard A., Markets, Prices and Interregional Trade, John Wiley and Sons, Inc., New York, 1970.Google Scholar
[2]Ikerd, John E., An Economic Comparison of Midwest and North Carolina Hog Prices, North Carolina State University Economic Information Report No. 23, June 1971.Google Scholar
[3]Jackson, Hilliard, Pricing Live Broilers in Northwest Arkansas, unpublished Ph.D. thesis, North Carolina State University, 1959.Google Scholar
[4]King, Richard A. and Ho, Foo-Shiung, Reactive Programming: A Market Simulation Spatial Equilibrium Algorithm, North Carolina State University Economic Research Report No. 21, 1972.Google Scholar
[5]Phillips, Travis D. and King, Richard A., A Spatial and Seasonal Analysis of Corn Prices in North Carolina, North Carolina State University, Agri. Economics Information Series No. 95, Nov., 1962.Google Scholar