Spatial Integration in the Broiler Market in Peninsular Malaysia

The broiler sector in Peninsular Malaysia is marked by many structural elements of imperfect competition, particularly increasing vertical integration. This study adopts the Enders and Granger (1998 Enders , W. , & Granger , C. W. J. ( 1998 ). Unit root tests and asymmetric adjustment with an example using the term structure of interest rates . Journal of Business and Economic Statistics , 16 ( 3 ), 304 – 311 .[Taylor & Francis Online], [Web of Science ®] , [Google Scholar]) threshold autoregressive model to analyze market integration and pricing efficiency in the broiler sector. Results indicate that market integration exists in the broiler sector in spite of the structural rigidities that are present. However, asymmetries in price transmission are evident between the central market and regional wholesale markets.