Measuring Product-Market Integration

42 Pages Posted: 7 Apr 1999 Last revised: 12 Oct 2010

See all articles by Michael M. Knetter

Michael M. Knetter

University of Wisconsin - Madison - School of Business; National Bureau of Economic Research (NBER)

Matthew J. Slaughter

Dartmouth College - Tuck School of Business; National Bureau of Economic Research (NBER)

Date Written: February 1999

Abstract

Globalization -- the integration of national economies -- has become one of the most widely used buzzwords of the late 20th century. Yet there are remarkably few statistical measures of product-market integration across time, countries, and goods. In this paper we present some new measures of product-market integration based on price and quantity data. We find evidence of greater integration, but we also find that this process has not been uniform over time, countries, or goods.

Suggested Citation

Knetter, Michael M. and Slaughter, Matthew J., Measuring Product-Market Integration (February 1999). NBER Working Paper No. w6969. Available at SSRN: https://ssrn.com/abstract=151710

Michael M. Knetter (Contact Author)

University of Wisconsin - Madison - School of Business ( email )

975 University Avenue
Madison, WI 53706
United States

National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Matthew J. Slaughter

Dartmouth College - Tuck School of Business ( email )

Hanover, NH 03755
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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