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A Note on Determining the Spatial and Product Extent of a Market

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  • Noel D. Uri

    (Economic Research Service, USDA)

Abstract

In this paper an approach is used for defining the nature and extent of a geographic market and a product market relying on the concept of instantaneous causality. The market(s) for rice is (are) used for the empirical implementation of the technique. The results, based on both domestic (United States) and world prices, suggest that the extent of the geographic market changed between 1968 and 1986. This has obvious policy implications.

Suggested Citation

  • Noel D. Uri, 1988. "A Note on Determining the Spatial and Product Extent of a Market," The Review of Regional Studies, Southern Regional Science Association, vol. 18(3), pages 55-64, Fall.
    • Handle: RePEc:rre:publsh:v18:y:1988:i:3:p:55-64
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    References listed on IDEAS

    as
    1. Laurian J. Unnevehr, 1986. "Consumer Demand for Rice Grain Quality and Returns to Research for Quality Improvement in Southeast Asia," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(3), pages 634-641.
    2. Uri, Noel D & Rifkin, Edward J, 1985. "Geographic Markets, Causality and Railroad Deregulation," The Review of Economics and Statistics, MIT Press, vol. 67(3), pages 422-428, August.
    3. Brorsen, B. Wade & Grant, Warren R., 1985. "Efficiency of spatial price discovery for U.S. rice under different farm policies and economic conditions," Journal of Policy Modeling, Elsevier, vol. 7(4), pages 621-633.
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    Cited by:

    1. Chanchala Hathurusingha & Neda Abdelhamid & David Airehrour, 2019. "Forecasting Models Based on Data Analytics for Predicting Rice Price Volatility: A Case Study of the Sri Lankan Rice Market," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 18(01), pages 1-20, March.

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