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Im, K.S., Pesaran, M.H. and Shin, Y. (1997) Testing for Unit Roots in Heterogeneous Panels. Department of Applied Economics, University of Cambridge, Cambridge.

has been cited by the following article:

• TITLE: Price Transmission Analysis along the Food Chain in Kazakhstan

  AUTHORS: Yessengali Oskenbayev, Gani Turabayev

  KEYWORDS: Price Transmission Analysis; Cointegration; Agricultural Policy; Kazakhstan

  JOURNAL NAME: Modern Economy, Vol.5 No.3, March 18, 2014

  ABSTRACT: Vertical price transmission between wheat and flour markets in Kazakhstan has been analyzed using monthly data during the period 2000-2010. We found evidence of global market price spikes and government policies as a response leading to the divergence of prices across regions ofKazakhstan, which is especially notable in the flour market. Strikingly, flour prices are significantly higher in some wheat producing regions.