Liew, Venus Khim-Sen; Tang, Tuck Cheong - In: Economics Bulletin 30 (2010) 2, pp. 1025-1031
This study has found an empirical support of Purchasing Power Parity (PPP) theory for an East Asia transition economy – 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...