augmented least squares-the autoregressive distributive lag (RALS-ADL) cointegration test and the dynamic ordinary least squares … normal distribution. Findings - The RALS-ADL cointegration test result shows that there is a cointegration relationship … cointegration test, which produces robust estimators. …

augmented least squares-the autoregressive distributive lag (RALS-ADL) cointegration test and the dynamic ordinary least squares … normal distribution. Findings - The RALS-ADL cointegration test result shows that there is a cointegration relationship … cointegration test, which produces robust estimators. …

cointegration test. Thus, on the basis of the cointegration tests it can be concluded that the PPP hypothesis in the Republic of … levels. The non-existence of the long-run relationship between two price levels has also been confirmed by the ADL …

cointegration test. Thus, on the basis of the cointegration tests it can be concluded that the PPP hypothesis in the Republic of … levels. The non-existence of the long-run relationship between two price levels has also been confirmed by the ADL …

cointegration test. Thus, on the basis of the cointegration tests it can be concluded that the PPP hypothesis in the Republic of … levels. The non-existence of the long-run relationship between two price levels has also been confirmed by the ADL …