The role of cultural distance in market integration, particularly the developing world, has received relatively little attention. Using prices from more than 200 South Asian markets spanning 1861 to 1921, we show that linguistic correlates negatively with integration. A one-standard-deviation increase predicts a reduction price correlation between two 0.121 standard deviations for wheat, 0.181 ...

Drawing on the supply chain (SC) management literature, this article conceptualizes and empirically tests a framework that shows how both external and internal integration practices are significant and positively associated with SC value addition and firm performance. The framework also tests the impact of value addition as a reinforcing factor on firm performance. The outcome of this investiga...

While much of the trade liberalisation literature analyses liberalisation effects on trade volumes, we postulate the implications of trade liberalisation for price transmission and market integration between tomato producer and consumer markets under a high and a reduced period of agricultural, import tariffs in Ghana. Our objective is to determine whether price transmission and thus the factor...

The paper analyzes the effects of increasing capital market integration on production and market structures, trade and capital flows as well as national and global welfare. In order to facilitate the analysis of the integration process, three stages of capital market integration are defined. First, capital is internationally immobile, secondly, capital is partly mobile, and finally perfect capi...