An empirical investigation of purchasing power parity for a transition economy - Cambodia

• Main Authors: Khim-Sen Liew, Venus, Tuck , Cheong Tang
• Format: Monograph
• Language: English
• Published: Monash University: Business and Economics 2009
• Subjects: AC Collections. Series. Collected works
• Online Access: http://ir.unimas.my/id/eprint/2321/1/An%2Bempirical%2Binvestigation%2Bof%2Bpurchasing%2Bpower%2Bparity%2Bfor%2Ba%2Btransition%2Beconomy%2B-%2BCambodia%2B%2528abstract%2529.pdf; http://ir.unimas.my/id/eprint/2321/; http://business.monash.edu/

This study has found an empirical support of Purchasing Power Parity (PPP) theory for an East Asia transition economy – Cambodia. It is based on the results of cointegration among KHR/USD, Cambodia CPI, and world CPI over the monthly period May 2001-February 2009. This finding is useful for policy i...