An empirical investigation of purchasing power parity for a transition economy - Cambodia
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...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Monograph |
| Language: | English |
| Published: |
Monash University: Business and Economics
2009
|
| Subjects: | |
| 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/ |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | 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 implications i.e. de-dollarization (and exchange rates) policy designs in Cambodia. |
|---|