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Purchasing power parity in African countries: Evidence from panel suradf test

This study reexamines the validity of long-run purchasing power parity (PPP) hypothesis using a battery of panel unit root tests for 11 developing countries in Africa over the period 1980-2007. Based on the conventional panel unit root tests, we found evidence that the monthly real exchange rates in...

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Bibliographic Details
Main Authors: Ahmad Zubaidi, Baharumshah, Evan, Lau, Mudziviri t., Nziramasanga
Format: Article
Language:English
Published: Blackwell Publishing Ltd. 2010
Subjects:
HC Economic History and Conditions
Online Access:http://ir.unimas.my/id/eprint/17827/1/PURCHASING%20POWER%20PARITY%20IN%20AFRICAN%20COUNTRIES%20%28abstract%29.pdf
http://ir.unimas.my/id/eprint/17827/
https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1813-6982.2010.01231.x
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http://ir.unimas.my/id/eprint/17827/1/PURCHASING%20POWER%20PARITY%20IN%20AFRICAN%20COUNTRIES%20%28abstract%29.pdf
http://ir.unimas.my/id/eprint/17827/
https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1813-6982.2010.01231.x

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