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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Main Authors: | Ahmad Zubaidi, Baharumshah, Evan, Lau, Mudziviri t., Nziramasanga |
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Format: | Article |
Language: | English |
Published: |
Blackwell Publishing Ltd.
2010
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Subjects: | |
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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