Haihong, GAO - In: Frontiers of Economics in China 2 (2007) 4, pp. 594-606
This paper empirically examines the potential for forming an Optimal Currency Area (OCA) in selected Asian economies, including ASEAN countries, China, Japan and Korea, by testing Generalized Purchasing Power Parity (G-PPP) using Johansen's cointegration approach. We investigate the long-term...