Liew, Venus Khim-Sen; Tang, Tuck Cheong - Department of Econometrics and Business Statistics, … - 2009
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 for...