Market Integration in the North American Onion Markets: An Empirical Analysis Using Panel Data

Abstract

This study investigates the level of market integration in the North American Onion Markets. A two-sample period analysis shows an increase in the speed of price convergence overtime, suggesting deeper market integration as NAFTA was fully implemented. Further analysis showed that U.S.-Canadian markets have experienced deeper market integration compared with U.S.-Mexican markets as well as Canadian-Mexican markets.market integration, onion markets, panel data, price convergence, Marketing,