Purchasing power parity in South East Asian countries economies: a cointegration approach
This paper presents findings from a study of the long-run purchasing power parity (PPP) conditions in five Asian economies. The cointegration tests using exchange rates and price indices from end-of-quarter observations over the last twenty years reject the PPP proposition for all countries. The abs...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
East Asian Economic Association and Wiley Publishing Asia
1997
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| Online Access: | http://psasir.upm.edu.my/id/eprint/40176/1/Purchasing%20power%20parity%20in%20South%20East%20Asian%20countries%20economies%20a%20cointegration%20approach.pdf http://psasir.upm.edu.my/id/eprint/40176/ http://onlinelibrary.wiley.com/doi/10.1111/1467-8381.00028/abstract |
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