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- Title
Tracking The Price of Almonds in Spain.
- Authors
Martínez-Sánchez, Francisco
- Abstract
I look for signs of manipulation of the price of almonds in the markets of Albacete, Murcia, and Reus in Spain. To that end, I use Benford's Law to analyze the distribution of the second and third digits of the price of almonds. I find that prices in the Albacete and Reus markets deviate from Benford's Law, especially for the third digit, and those in the Murcia market deviate from Benford's Law for the second digit but not for the third digit. I therefore find signs that the price of almonds in the Spain's main markets is being manipulated.
- Subjects
ALBACETE (Spain); MURCIA (Spain); REUS (Spain); SPAIN; ALMOND; PRICES; BENFORD'S law (Statistics)
- Publication
Journal of Competition Law & Economics, 2021, Vol 17, Issue 3, p750
- ISSN
1744-6414
- Publication type
Article
- DOI
10.1093/joclec/nhab002