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On milk prices in Kyrgyzstan

Author

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  • Indira Kadyrkanova
  • David Bessler
  • John Nichols

Abstract

Dynamic relationships among weekly retail prices for milk from three regions of Kyrgyzstan are studied in an error correction framework. Observational data over the period January 1995 - May 1999 are used in the analysis. Results show that prices from the oblasts of Issyk-Kul and Djalal-Abad form one long-run cointegration relationship, with prices from Issyk-Kul exhibiting the property of weak exogeneity. Prices from the Osh oblast are not part of this relationship. These results are related to the levels of state-run milk marketing facilities versus private-run milk marketing facilities and surplus versus deficit milk production in each region.

Suggested Citation

  • Indira Kadyrkanova & David Bessler & John Nichols, 2000. "On milk prices in Kyrgyzstan," Applied Economics, Taylor & Francis Journals, vol. 32(11), pages 1465-1473.
    • Handle: RePEc:taf:applec:v:32:y:2000:i:11:p:1465-1473
    DOI: 10.1080/00036840050151539
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    References listed on IDEAS

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    1. Martin Ravallion, 1986. "Testing Market Integration," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(1), pages 102-109.
    2. Bessler, David A. & Fuller, Stephen W., 2000. "Railroad wheat transportation markets in the central plains: modeling with error correction and directed graphs," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 36(1), pages 21-39, March.
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    Cited by:

    1. Jin Zhang & David Bessler & David Leatham, 2006. "Does consumer debt cause economic recession? Evidence using directed acyclic graphs," Applied Economics Letters, Taylor & Francis Journals, vol. 13(7), pages 401-407.

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