"PPP tests in cointegrated panels: Evidence from Asian developing countries".

This paper tests the relative version of purchasing power parity (PPP) for a set of ten Asian developing countries using panel cointegration framework. We employ 'between-dimension' dynamic OLS estimator as proposed by Pedroni (2001b). The test results overwhelmingly reject the PPP hypothesis.

MoreLess

Year of publication:	2003-10-14
Authors:	Basher, Syed A. ; Mohsin, Mohammed
Institutions:	EconWPA
Subject:	Purchasing Power Parity \| Panel Cointegration \| Unit Root

More details

Extent:	application/pdf
Series:	Macroeconomics.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf; prepared on win98; pages: 7 7 pages
Classification:	F31 - Foreign Exchange ; C22 - Time-Series Models ; C23 - Models with Panel Data
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005126247