Lu, Yang-Cheng Ralph; Chang, Tsangyao; Lee, Kuei-Chiu; … - In: Applied Economics Letters 18 (2011) 17, pp. 1691-1696
Purchasing Power Parity (PPP) for transition economies is tested using Panel Seemingly Unrelated Regressions Augmented Dickey-Fuller (SURADF) tests of Breuer et al. (2001) for the period of January 1995 to December 2008. Although the other panel-based unit-root tests are joint tests of a unit...