Economics, Econometrics and Finance
3 years ago

Big traders dominate garlic prices in Pontianak, hindering market integration.

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SEMINAR NASIONAL PERTANIAN PETERNAKAN TERPADU
ANALISIS INTEGRASI PASAR BAWANG PUTIH MENGGUNAKAN METODE VECTOR ERROR CORRECTION MODEL (VECM) (STUDI KASUS : HARGA BAWANG PUTIH DI KOTA PONTIANAK)
Yulinda Asri, Kosmas Egi, Erlinda Yurisinthae

Paper Summary

Spatial market integration in garlic prices in Pontianak was analyzed using the Vector Error Correction Model (VECM) with daily data from November 2019. The study found that not all garlic markets in Pontianak are spatially integrated due to large traders influencing price agreements.