Co-integration and Market Integration: An Application to Raphia Palm Wine Markets in Niger Delta Area of Nigeria

Market Integration: An Application of Co-integration and Error Correction Model to Rice Markets in Bangladesh

The study was conducted to investigate the degree and nature of spatial integration among district level monthly wholesale price of rice in Northwestern and greater Mymensingh region of Bangladesh. Market integration was examined by co-integration method-while price fluctuations were estimated by Error Correction Mechanism (ECM). Stationarity of data was checked with the help of Augmented Dicke...

Nigeria # # Niger Delta : Peace and Co - operation Through Sustainable Development

The Niger Delta is a wetland of about 70,000 square kilometres. It spreads over a number of ecological zones: sandy coastal ridge barriers, brackish or saline mangroves, freshwater permanent and seasonal swamp forests, and lowland rain forests. Over the years, the rainforest area has been cultivated, leaving only the seasonal and permanent swamps as original vegetation. Subsistence farming and ...

The Spatial Integration of Livestock Markets in Niger

Livestock makes an important contribution to the livelihood of Sahelian farmers and herders and is a source of self-insurance against income shocks. By allocating livestock efficiently over space, spatial market integration should foster a sustainable use of pasture resources. It is also expected to favor the sharing of risk across regions by smoothing idiosyncratic price variations. Using mont...

Augmented Dickey Fuller and Johansen Co-integration Tests of Oil Price Volatility and Stock Price in Emerging Capital Market: A Case of Nigeria

Generally, high oil prices slow economic growth, cause inflationary pressures and creates global imbalances. In addition, oil price volatility increase uncertainty and restrain the much-needed investment in the capital market. Thus, this paper applies the Augmented Dickey Fuller and Johansen Co-integration Tests in which the effect of oil price volatility, crude oil price and stock price is ana...

An Empirical Study of Export and Economic Growth in India since 1960: A Co integration Analysis