Purchasing power parity in Central and Eastern European countries.
This paper investigates the validity of the purchasing power parity (PPP) hypothesis for 13 Central and Eastern European countries (CEEC) in transition. The results based on the seemingly unrelated regression ADF (SURADF) method reveal that the PPP relationship holds in 7(6) out of the 13 countries...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English English |
| Published: |
Economics Bulletin
2008
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| Online Access: | http://psasir.upm.edu.my/id/eprint/16392/1/Purchasing%20power%20parity%20in%20Central%20and%20Eastern%20European%20countries.pdf http://psasir.upm.edu.my/id/eprint/16392/ |
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