In the section Articles
Title of the article Spatial Relation of the Consumer Price Index and the Equilibrium of Regional Goods Markets
Pages 95-109
Author Venera Maratovna Timiryanova
Candidate of Economic Sciences, Assistant Professor, Department of Economics and Management of Trade and food Service Enterprises
Ufa Institute of Plekhanov Russian University of Economics
177/3 Mendeleev str., Ufa, Russia, 450080
This email address is being protected from spambots. You need JavaScript enabled to view it.
ORCID: 0000-0002-1004-0722
Abstract The author of the study makes an assumption about the existence of the equilibrium of the regional retail goods market, that takes into account a certain balance inside the groups of sellers and consumers of various goods. That way the equilibrium of regional retail goods market will be influenced by the following ‘disturbances’: the dynamics of the number of retailers, transport and financial organizations. This allows to make a hypothesis about the existence of connection between spatial changes of the consumer price index (an indicator of pricing in the markets of certain consumer goods) and the equilibrium of the regional retail goods market. The analysis of equilibrium of the retail goods market among the subjects of Volga Federal District in 2006–2015 allowed determining that equilibrium can be achieved in different states of the regional retail market of goods. Through methods of spatial econometrics the model was built with spatial lag which allows testing the hypothesis. The model confirms that the consumer price index has spatial dependency while the included factor of regional retail market equilibrium influences the consumer price index in the region. The model can be improved by including the equilibrium of neighboring regions
Code 332.053
DOI 10.14530/se.2017.2.095-109
Keywords equilibrium ♦ spatial relation ♦ consumer price index ♦ regional retail market of goods ♦ Volga Federal District
Download SE.2017.2.095-109.Timiryanova.pdf
For citation Timiryanova V.M. Spatial Relation of the Consumer Price Index and the Equilibrium of Regional Goods Markets. Prostranstvennaya Ekonomika = Spatial Economics, 2017, no. 2, pp. 95–109. DOI: 10.14530/se.2017.2.095-109. (In Russian).
References 1. Anselin L. Spatial Dependence and Spatial Structural Instability in Applied Regression Analysis. Journal of Regional Science, 1990, vol. 30, issue 2, pp. 185–207. DOI: 10.1111/j.1467-9787.1990.tb00092.x 
2. Anselin L., Syabri I., Kho Y. GeoDa: An Introduction to Spatial Data Analysis. Geographical Analysis, 2006, vol. 38, no. 1, pp. 5–22. DOI: 10.1111/j.0016-7363.2005.00671.x 
3. Barrett Ch.B., Li J.R. Distinguishing between Equilibrium and Integration in Spatial Price Analysis. American Journal of Agricultural Economics, 2002, vol. 84 (2), issue 2, pp. 292–307. DOI: 10.1111/1467-8276.00298
4. Efimova Е.G. The Role of Transport in the Regional Economic Development: International Aspect. Vestnik SPbGU. Seriya 5. Ekonomika = St. Petersburg University Journal of Economic Studies, 2009, Issue 1, pp. 77–85. (In Russian).
5. Fackler P.L., Goodwin B.K. Spatial Price Analysis. Handbook of Agricultural Economics, 2001, vol. 1, pp. 972–1024. DOI: 10.1016/s1574-0072(01)10025-3
6. Fayzlyev A.R. Mathematical Methods and Models of Analysis of Spatial Structure of Urban System Trade: Abstract of Dissertation of Candidate of Economic Science: 08.00.13. Volgograd, 2014, 24 p. (In Russian).
7. Humphrey T.M. Marshallian Cross Diagrams and their Uses Before Alfred Marshall: The Origins of Supply and Demand Geometry. Economic Review, 1992, March/April, pp. 3–23.
8. Poddubny V.V.,Sukhareva E.A. The Research of Dynamic Model of Walrasian Market with Many Goods. Vestnik Tomskogo Gosudarstvennogo Universiteta = Tomsk State University Journal, 2006, no. 293, pp. 53–58. (In Russian).
9. Regional Statistics. Edited by V.M. Ryabtsev, G.I. Chudilin. Moscow, 2001, 380 p. (In Russian).
10. Skopina I.V. Evaluation of Development Trends, Variability and Cyclic Nature of the Competitive Consumer Market. Upravlenie Ekonomicheskimi Sistemami = Management of Economic Systems, 2005, no. 1. Available at: (accessed March 2017). (In Russian).
11. Takayama T., Labys W.C. Spatial Equilibrium Analysis. Handbook of Regional and Urban Economics, 1986, vol. 1, pp. 171–198.
12. Unified Interdepartmental Information and Statistical System. Federal State Statistics Service. Available at: (accessed April 2017). (In Russian).
13. Urunov А.А. Single and Common Economic Space. Moscow, 2014, 388 p. (In Russian).

ISSN (Print) 1815-9834
ISSN (Online) 2587-5957

Minakir Pavel Aleksandrovich,
Tel.: +7 (4212) 725-225,
Fax: +7 (4212) 225-916,
Samokhina Lyudmila, Executive Editor
Tel.: +7 (4212) 226-053
Fax: +7 (4212) 225-916,
Tel.: +7 (4212) 226-053,
Fax: +7 (4212) 225-916,
To Editorial Staff of “Spatial Economics”
Economic Research Institute FEB RAS
153 Tikhookeanskaya St., Khabarovsk, RUSSIA, 680042



Creative Commons License
Unless otherwise noted, content on this site is licensed under a Creative Commons Attribution 4.0 International License