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Marketing of Pigs in Malaysia: An Evaluation of Market Integration

Author

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  • Muhamed, Zainal Abidin

    (Jabatan Ekonomi Pertanian Fakulti Ekonomi & Pengurusan Un iversiti Pertanian Malaysia 43400 UPM Serdang Selangor D.E.)

  • arshad, fatimah

    (Jabatan Ekonomi Pertanian Fakulti Ekonomi & Pengurusan Un iversiti Pertanian Malaysia 43400 UPM Serdang Selangor D.E.)

Abstract

This paper examines the pricing efficiency of the pig market in Peninsular Malaysia through measuring the degree of market integration. Specifically , this paper examines the price linkages between Kuala Lumpur ( which is considered the market centre for price discovery ) and five major local markets ( Ipoh, johor Bahru , Penang, Malacca and Seremban ) . The findings indicate, with the exception of johor Bahru, the other market regions show high level of market linkage with Kuala Lumpur.

Suggested Citation

  • Muhamed, Zainal Abidin & arshad, fatimah, 1996. "Marketing of Pigs in Malaysia: An Evaluation of Market Integration," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 30, pages 105-124.
    • Handle: RePEc:ukm:jlekon:v:30:y:1996:i::p:105-124
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    References listed on IDEAS

    as
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    2. Arshad, Fatimah Mohd., 1990. "The Integration of Palm Oil Market in Peninsular Malaysia," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 45(01), January.
    3. Varaporn Punyawadee & Milton S. Boyd & Merle D. Faminow, 1991. "Testing for Asymmetric Pricing in the Alberta Pork Market," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 39(3), pages 493-501, November.
    4. Arshad, Fatimah Mohd., 1990. "The Integration of Palm Oil Market in Peninsular Malaysia," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 45(01), January.
    5. Fama, Eugene F, 1970. "Efficient Capital Markets: A Review of Theory and Empirical Work," Journal of Finance, American Finance Association, vol. 25(2), pages 383-417, May.
    6. Sanjeev Gupta & Rolf A.E. Mueller, 1982. "Analyzing the pricing efficiency in spatial markets: Concept and application," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 9(3), pages 301-312.
    7. Timmer, C. Peter, 1974. "A Model of Rice Marketing Margins in Indonesia," Food Research Institute Studies, Stanford University, Food Research Institute, vol. 13(2), pages 1-24.
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