The Integration of Domestic Commodity Market: Evidence from Vietnam


Authors : Hoang Van HAI; Dao Huu Hoa

Volume/Issue : Volume 6 - 2021, Issue 5 - May

Google Scholar : http://bitly.ws/9nMw

Scribd : https://bit.ly/35DbOAt

This study aims to evaluate the integration process of the commodity market in Vietnam from the perspective of a price-related approach. Particularly, we use the commodity price index of Vietnam from 2010 to 2018 to investigate the degree and trend of the commodity market integration of Vietnam during this period. As a result, a simple index of market integration is found to be a successful proxy for the market integration level. In addition, an upward trend is generally observed for the degree of the integration of Vietnam’s domestic market from 2010 to 2018, suggesting a strong evidence of the market integration among the Vietnam’s provinces.

Keywords : Market Integration Index, Commodity Market, Domestic Market, Segmentation Market, Vietnam.

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