On the application of the rank tests for nonlinear cointegration to PPP: The case of Papua New Guinea

• Main Authors: Liew, Venus Khim-Sen, Ling, Tai-Hu, Chia, Ricky Chee-Jiun, Yoon, Gawon
• Format: E-Article
• Language: English
• Published: North-Holland 2012
• Subjects: H Social Sciences (General)
• Online Access: http://ir.unimas.my/id/eprint/18003/1/S0264999311002550; http://ir.unimas.my/id/eprint/18003/; https://ir.unimas.my/18003/1/S0264999311002550

Much interest has been paid recently to the nonlinear cointegrating relations existing among economic variables. Various testing procedures are already available to test for the existence of nonlinear cointegration. For example, Breitung (2001) proposes rank tests and his testing procedure has been...