Summary: | 碩士 === 中原大學 === 國際貿易研究所 === 89 === Because of the widespread using of Internet, it could make the information more circulating. The purpose of this article is: could the market be integrated with the using of the Internet. This research used the Ravallion (1986) market integration model to test the market integration in the Internet.
Five products including CPUs, RAMs, hard drives, monitors, and printers, and six websites including four Taiwan websites and two U.S. websites are selected as samples in this study. The price data of each individual product listed in the six websites are collected every Monday and Thursday form Aug. 2000 to Feb. 2001. The empirical results show that the percentage of rejected integration test among Taiwan websites is approximately 95%. The percentage of fail to rejected integration test between Taiwan and U.S. is less than 1%. In contrast, the ratio of fail to reject integration test among U.S. websites is over 50%.
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