This study presents an empirical analysis of purchasing power parity for 10emerging market economies, namely Brazil, India, Indonesia, South Korea, Mexico, Pakistan, Peru, Philippines, South Africa and Turkey. This is done by using cointegration technique. Time series properties of nominal...

This study investigates the long-run validity of Purchasing Power Parity for three transition Asian countries, namely Azerbaijan, Kazakhstan and Kyrgyzstan. The results show that the nominal exchange rates, domestic and foreign price series are not cointegrated when four different types of...

Bu çalışmanın amacı Marshall- Lerner koşulunun temel formunda ge- çerliliğini kabul ederek, yapılacak bir devalüasyonun başarılı olamayacağını ve ekonominin gelişmişlik durumu, üretimin yapısı, ithal girdilere olan ba- ğımlılık ve mal bileşimi gibi unsurların göz...

The paper examines the impact of exchange rate volatility on the exports of five Asian countries. The countries are Turkey, South Korea, Malaysia, Indonesia and Pakistan. The impact of a volatility term on exports is examined by using an Engle-Granger residual-based cointegrating technique. The...