Accession to WTO and agricultural market integrations in Iran

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نويسندگان مقاله: M Bakhshoode, Naser Shahnoushi foroushani

 

the key questions with regard to accessing developing countries such as Iran to WTO are whether domestic agricultural markets are integrated; and if these markets will integrate with world agricultural markets. To address these questions, integration of main crops' markets in Iran are analyzed in this article using the Engle-Granger cointegration technique and vector autoregressive (VAR) model applied to 1984-2002 pricedata.  The underlying hypothesis is that government intervention in the markets to support producers/consumers of agricultural products is the main determinants of market integration. The typical results show that although long-run market integration exists among local markets of products such as rice and wheat, Iran's major agricultural product markets are not integrated with world markets in the long run. Government interventions were recognized to be as the major impediments to domestic and world marketintegrations. Finally some policy implications are discussed


كلمات كليدي: market integration, cointegration, agricultural products and Iran
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ارايه در کنفرانس: international conference on WTO AND ITS IMPACT ON DEVLOPING COUNTRIES
مكان برگزاري کنفرانس: India
سال برگزاری کنفرانس: 2007

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