Market liberalization and integration of maize markets in Malawi
研究了马拉维玉米市场的整合程度如何受市场自由化影响，通过分析1984-1991年八个地点的月度零售价格，发现自由化促进了市场整合。
Abstract The paper studies the extent of market integration of maize markets in Malawi in order to understand how it has been affected by market liberalization. Several measures of integration are introduced to analyze both the comovement of prices and the price adjustment process over time. Monthly retail prices of maize at eight main locations over the period January 1984 to December 1991 are considered. The main conclusion is that liberalization has increased market integration.