期刊名称:International Journal of Business and Management
印刷版ISSN:1833-3850
电子版ISSN:1833-8119
出版年度:2010
卷号:5
期号:5
页码:74
DOI:10.5539/ijbm.v5n5P74
出版社:Canadian Center of Science and Education
摘要:This research analyses long-run and short-run co-movements among the three variables “international prices,” “domestic prices,” and “import prices” of phosphate fertilizers using co-integration test, Granger causality test, and VEC model. The findings revealed that the domestic phosphate fertilizer market in Vietnam has well integrated into the international phosphate market since shifts in the domestic phosphate fertilizer price have been in long-run equilibrium with those in the international phosphate fertilizer price. Furthermore, changes in the domestic phosphate fertilizer price were brisker than those in the import price and were uncorrelated with the import prices.