In the section Articles
Title of the article Spatial Reaction of Prices in the Vegetable Markets to Restrictions on Foreign Trade
Pages 117–137
Author Anna Vladimirovna Stupnikova
Junior Research Fellow
Economic Research Institute FEB RAS
153 Tikhookeanskaya Street, Khabarovsk, Russia, 680042
This email address is being protected from spambots. You need JavaScript enabled to view it.
ORCID: 0000-0002-8255-0334
Abstract The paper presents an assessment of the change in the spatial differentiation of vegetable prices in conditions of imposing restrictions on foreign trade. The purpose of the study was to identify the specifics of price reactions in the regional vegetable markets to the ban on foreign economic operations with Turkey, that require the import of certain types of Turkish vegetables into the Russian Federation. The method of research included three stages. In the first stage, using the volatility indicator, the spatial behavior of vegetable prices was assessed; in the second – the groups of vegetable markets of the subjects of the Russian Federation were determined, characterized by the greatest price differentiation, for which the border effect was calculated in the third stage of the study. The study was conducted for two time periods: 2015 (before the ban on the import of vegetables from Turkey) and January – October 2016 (the period of the ban on the import of vegetables from Turkey). A comparative evaluation of the results of the study for two study periods showed that in January – October 2016, the range of variation and the mean value of the relative CPI volatility for vegetables decreased. In addition, border effects have decreased for all selected groups of markets, characterized by increased differentiation of prices for vegetables. Based on the results obtained, a conclusion was made that the spatial differentiation of prices in regional vegetable markets in January-October 2016 has reduced compared to 2015, which indicates the adaptation of regional vegetable markets to changes in institutional conditions
Code 338.57
JEL E31, F51, R12
DOI 10.14530/se.2018.1.117-137
Keywords spatial price differentiation ♦ sanctions ♦ food embargo ♦ price volatility ♦ border effect ♦ Russia
Download SE.2018.1.117-137.Stupnikova.pdf
For citation Stupnikova A.V. Spatial Reaction of Prices in the Vegetable Markets to Restrictions on Foreign Trade. Prostranstvennaya Ekonomika = Spatial Economics, 2018, no. 1, pp. 117–137. DOI: 10.14530/se.2018.1.117-137. (In Russian).
References 1. Barkovskiy A.N., Alabyan S.S., Morozenkova O.V. Consequences of Western Sanctions and Reciprocal Sanctions RF. Rossiyskiy Vneshneekonomicheskiy Vestnik = Russian Foreign Economic Journal, 2015, no. 9, pp. 3–7. (In Russian).
2. Borodin K.G. The Impact of the Embargo and Sanctions on the Agri-Food Markets in Russia: Analysis of Consequences. Voprosy Ekonomiki = Problems of Economic Transition, 2016, no. 4, pp. 124–143. (In Russian).
3. Glushchenko K.P. The Integration of the Russian Market: Empirical Analysis. Moscow, 2004, 84 p. (In Russian).
4. Gurvich E., Prilepskiy I. The Impact of Financial Sanctions on the Russian Economy. Voprosy Ekonomiki = Problems of Economic Transition, 2016, no. 1, pp. 5–35. (In Russian).
5. Ilina E.V. Effect of Sanctions on Russian Economy. Vestnik Ekonomiki, Prava i Sotsiologii = The Review of Economy, the Law and Sociology, 2015, no. 4, pp. 34–38. (In Russian).
6. Koshelev V., Priyomko V. Sanctions and Countersanctions: Some Results for the Countries of the West and Russia. Ekonomika Selskogo Hozyaystva Rossii [Economics of Agriculture of Russia], 2015, no. 12, pp. 17–22. (In Russian).
7. Results of Social and Economic Development of the Russian Federation in 2016. The Ministry of Economic Development of the Russian Federation. Available at: http://economy.gov.ru/wps/wcm/connect/9056bb04-390c-47f9-b47f-8e3b061bc7b8/ monitor1-3.pdf?MOD=AJPERES (accessed 14 November 2016). (In Russian).
8. Paptsov A.G. Russian Food Market in Terms of Anti-Sanction. Agroprodovolstvennaya Politika Rossii = Agro-Food Policy in Russia, 2015, no. 8, pp. 12–15. (In Russian).
9. Rezgo G.Ya., Teplyakova A.S. Formation of the Russian Cheese Market under the Conditions of Economic Sanctions. Torgovo-Ekonomicheskiy Zhurnal = Russian Journal of Retail Management, 2016, no. 4, pp. 317–328. (In Russian).
10. Stupnikova A.V. The Sanctions’ Impact on the Integration Level of the Russian Market of Vegetables. Prostranstvennaya Ekonomika = Spatial Economics, 2015, no. 3, pp. 74–96. (In Russian).
11. Barrett C.B. Markets Analysis Methods: Are Our Enriched Tool Kits Well Suited to Enlivened Markets? American Journal of Agricultural Economics, 1996, no. 78, pp. 825–829. DOI: 102307/1243313
12. Engel C., Rogers J. How Wide is the Border? American Economic Review, 1996, no. 5, pp. 1112–1125.
13. Fackler P., Goodwin B. Spatial Price Analysis. Handbook of Agricultural Economics, 2001, vol. 1, part B, pp. 971–1024. DOI: 10.1016/S1574-0072(01)10025-3
14. Florian M. A New Look at Static Spatial Price Equilibrium Models. Regional Science and Urban Economics, 1982, no. 12, pp. 519–597. DOI: 10.1016/0166-0462(82)90008-4
15. Helliwell J., Genevievve V. Measuring Internal Trade Distances: A New Method Applied to Estimate Provincial Border Effect in Canada. Canadian Journal of Economics, 2001, no. 34, pp. 1024–1041. DOI: 10.1111/0008-4085.00111
16. Kutlina-Dimitrova Z. The Economic Impact of the Russian Import Ban: A CGE Analysis, European Commission. Trade. Chief Economist Note, 2015, no. 3. DOI: 10.1007/s10368-017-0376-4
17. Sexton R., Kling C., Carman H. Market Integration, Efficiency of Arbitrage, and Imperfect Competition: Methodology and Application to U.S. Celery. American Journal of Agricultural Economics, 1991, vol. 73, no. 3, pp. 568–580. DOI:10.2307/1242810.
18. Stigler G., Sherwin R. The Extent of the Market. Journal of Law and Economics, 1985, no. 3, pр. 555–585.
Financing  
Date  

ISSN (Print) 1815-9834
ISSN (Online) 2587-5957

Minakir Pavel Aleksandrovich,

Journal’s Founder

 

Artem Isaev
Editor-in-Chief
Tel.: +7 (4212) 725-225
Fax: +7 (4212) 225-916
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Samokhina Lyudmila
Executive Editor
Tel.: +7 (4212) 725-230
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Editors
Tel.: +7 (4212) 725-230
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

 
To Editorial Staff of “Spatial Economics”
Economic Research Institute FEB RAS
153 Tikhookeanskaya St., Khabarovsk, RUSSIA, 680042

 

 

Creative Commons License
Unless otherwise noted, content on this site is licensed under a Creative Commons Attribution 4.0 International License