An empirical investigation of purchasing power parity for a transition economy - Cambodia

This study has found an empirical support of Purchasing Power Parity (PPP) theory for an East Asia transition economy â€“ Cambodia. It is based on the results of cointegration among KHR/USD, Cambodia CPI, and world CPI over the monthly period May 2001-February 2009. This finding is useful for policy implications i.e. de-dollarization (and exchange rates) policy designs in Cambodia.

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Year of publication:	2010
Authors:	Liew, Venus Khim-Sen ; Tang, Tuck Cheong
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 30.2010, 2, p. 1025-1031
Publisher:	AccessEcon
Subject:	Cambodia \| Dollarization \| Exchange Rates \| Purchasing Power Parity

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	F3 - International Finance ; F4 - Macroeconomic Aspects of International Trade and Finance
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008621798