IDEAS home Printed from https://ideas.repec.org/a/ris/apltrx/0430.html
   My bibliography  Save this article

A study on spatial autocorrelation: Case of Russian regional inflation

Author

Listed:
  • Kirillov, Andrew

    (AO «ALFA-BANK»; Moscow, Russian Federation)

Abstract

We apply APLE statistic to explore spatial autocorrelation of Russian regional inflationary processes. APLE is discussed to be the fine alternative to Moran’s I. To conduct this study we modify statistics of spatial dependence for panel data structure. We use time series of Russian regional CPIs (i.e. quantitative measure of inflation) of food, non-food, services baskets. We find evidence to confirm the hypothesis of the existence of spatial autocorrelation of regional inflationary processes on the horizon of our study.

Suggested Citation

  • Kirillov, Andrew, 2021. "A study on spatial autocorrelation: Case of Russian regional inflation," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 64, pages 5-22.
    • Handle: RePEc:ris:apltrx:0430
    as

    Download full text from publisher

    File URL: http://pe.cemi.rssi.ru/pe_2021_64_005-022.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Konstantin Pavlovich Gluschenko, 2007. "Price Linkages of Russian Regional Markets," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 1, pages 48-60.
    2. Gluschenko, Konstantin, 2010. "The Law of One Price in the Russian Economic Space," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 17(1), pages 3-19.
    3. Konstantin Gluschenko, 2016. "Distribution dynamics of Russian regional prices," Empirical Economics, Springer, vol. 51(3), pages 1193-1213, November.
    4. K. Yudaeva., 2014. "On the Opportunities, Targets and Mechanisms of Monetary Policy under the Current Conditions," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 9.
    5. Fackler, Paul L. & Goodwin, Barry K., 2001. "Spatial price analysis," Handbook of Agricultural Economics, in: B. L. Gardner & G. C. Rausser (ed.), Handbook of Agricultural Economics, edition 1, volume 1, chapter 17, pages 971-1024, Elsevier.
    6. Vera Ivanovna Ivanova, 2014. "Regional Convergence of Income: Spatial Analysis," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 4, pages 100-119.
    7. Ivan Baybuza, 2018. "Inflation Forecasting Using Machine Learning Methods," Russian Journal of Money and Finance, Bank of Russia, vol. 77(4), pages 42-59, December.
    8. Li, Hongfei & Calder, Catherine A. & Cressie, Noel, 2012. "One-step estimation of spatial dependence parameters: Properties and extensions of the APLE statistic," Journal of Multivariate Analysis, Elsevier, vol. 105(1), pages 68-84.
    9. Andrey Mikhailovich Kirillov, 2017. "Spatial Analysis of Food Inflation in Russian Regions," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 4, pages 41-58.
    10. Daniel Griffith, 2006. "Hidden negative spatial autocorrelation," Journal of Geographical Systems, Springer, vol. 8(4), pages 335-355, October.
    11. A. Kudrin., 2009. "Global Financial Crisis and Its Impact on Russia," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 1.
    12. Venera Maratovna Timiryanova, 2017. "Spatial Relation of the Consumer Price Index and the Equilibrium of Regional Goods Markets," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 2, pages 95-109.
    13. A. Kudrin., 2007. "Inflation: Recent Trends in Russia and in the World," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 10.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Inozemtsev, E. & Krotova, Yu., 2024. "Phillips curve with spatial effects based on Russian regional data," Journal of the New Economic Association, New Economic Association, vol. 63(2), pages 35-56.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vadim Napalkov & Anna Novak & Andrey Shulgin, 2021. "Variations in the Effects of a Single Monetary Policy: The Case of Russian Regions," Russian Journal of Money and Finance, Bank of Russia, vol. 80(1), pages 3-45, March.
    2. Urmat Dzhunkeev, 2024. "Forecasting Inflation in Russia Using Gradient Boosting and Neural Networks," Russian Journal of Money and Finance, Bank of Russia, vol. 83(1), pages 53-76, March.
    3. Donaldson, Dave & Atkin, David, 2015. "Who?s Getting Globalized? The Size and Implications of Intra-national Trade Costs," CEPR Discussion Papers 10759, C.E.P.R. Discussion Papers.
    4. Chelanga, Philemon & Jensen, Nathaniel & Muendo, Kavoi Mutuku, 2022. "Pastoral livestock market integration amidst improvements in physical and communication infrastructure: Evidence from northern Kenya," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 17(4), December.
    5. Sahito, Jam Ghulam Murtaza, 2015. "Market integration of wheat in Pakistan," Discussion Papers 72, Justus Liebig University Giessen, Center for international Development and Environmental Research (ZEU).
    6. Demidova, Olga, 2021. "Methods of spatial econometrics and evaluation of government programs effectiveness," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 64, pages 107-134.
    7. Sergio H. Lence & GianCarlo Moschini & Fabio Gaetano Santeramo, 2018. "Threshold cointegration and spatial price transmission when expectations matter," Agricultural Economics, International Association of Agricultural Economists, vol. 49(1), pages 25-39, January.
    8. Baffes, John & Gohou, Gaston, 2005. "The co-movement between cotton and polyester prices," Policy Research Working Paper Series 3534, The World Bank.
    9. Götz, Linde & Goychuk, Kateryna & Glauben, Thomas & Meyers, William H., 2013. "Export Restrictions and Market Uncertainty: Evidence from the Analysis of Price Volatility in the Ukrainian Wheat Market," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150308, Agricultural and Applied Economics Association.
    10. Rene Westerholt & Enrico Steiger & Bernd Resch & Alexander Zipf, 2016. "Abundant Topological Outliers in Social Media Data and Their Effect on Spatial Analysis," PLOS ONE, Public Library of Science, vol. 11(9), pages 1-31, September.
    11. Perevyshin, Yu. & Skrobotov, A., 2017. "The Price Convergence of Individual Goods in the Russian Regions," Journal of the New Economic Association, New Economic Association, vol. 35(3), pages 71-102.
    12. Brooks, Douglas & Ferrarini, Benno & Go, Eugenia, 2013. "Bilateral Trade and Food Security," ADB Economics Working Paper Series 367, Asian Development Bank.
    13. Shinyekwa, Isaac & Ijjo, Alex, 2016. "Determinants Of Domestic Food Price Differentials In Uganda: The Potential for and Constraints on Intra-County Trade," Research Reports 253556, Economic Policy Research Centre (EPRC).
    14. Viacheslav Kramkov, 2023. "Does CPI disaggregation improve inflation forecast accuracy?," Bank of Russia Working Paper Series wps112, Bank of Russia.
    15. Fernando A. López & Pedro J. Martínez-Ortiz & Juan-Gabriel Cegarra-Navarro, 2017. "Spatial spillovers in public expenditure on a municipal level in Spain," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 58(1), pages 39-65, January.
    16. Ostashko, Tamara & Kobuta, Iryna & Olefir, Volodymyr & Lienivova, Hanna, 2022. "Evaluation of the results and analysis of the impact of the DCFTA with the EU on agricultural trade in Ukraine," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 8(4), December.
    17. Roberto Esposti & Giulia Listorti, 2013. "Agricultural price transmission across space and commodities during price bubbles," Agricultural Economics, International Association of Agricultural Economists, vol. 44(1), pages 125-139, January.
    18. Kim, Man-Keun & Tejeda, Hernan & Yu, T. Edward, 2017. "U.S. milled rice markets and integration across regions and types," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 20(5).
    19. Ihle, Rico & Brümmer, Bernhard & Thompson, Stanley R., 2009. "Spatial market integration in the EU beef and veal sector: policy decoupling and export bans," DARE Discussion Papers 0913, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
    20. Traub, Lulama Ndibongo & Myers, Robert J. & Jayne, Thomas S. & Meyer, Ferdinand H., 2010. "Measuring Integration and Efficiency in Maize Grain Markets: The Case of South Africa and Mozambique," 2010 AAAE Third Conference/AEASA 48th Conference, September 19-23, 2010, Cape Town, South Africa 96644, African Association of Agricultural Economists (AAAE).

    More about this item

    Keywords

    regional inflation; consumer price index; spatial autocorrelation; APLE; Moran’s I; regions of Russia.;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:apltrx:0430. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anatoly Peresetsky (email available below). General contact details of provider: http://appliedeconometrics.cemi.rssi.ru/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.