Citation
Mohamed, Azali and Habibullah, Muzafar Shah and Baharumshah, Ahmad Zubaidi
(2001)
Does PPP hold between Asian and Japanese economies? Evidence using panel unit root and panel cointegration.
Japan and the World Economy, 13 (1).
pp. 35-50.
ISSN 0922-1425
Abstract
This paper presents an empirical analysis of panel unit root and panel cointegration tests of long-run absolute purchasing power parity (PPP) for seven Asian developing economies (ADE). The evidence shows that the panel parametric and non-parametric tests either with a trend term or without a trend term support the hypothesis of cointegration between the bilateral exchange rates and relative prices against the selected foreign country — Japan.
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Official URL or Download Paper: http://dx.doi.org/10.1016/S0922-1425(00)00055-4
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Additional Metadata
| Item Type: | Article |
|---|---|
| Divisions: | Faculty of Economics and Management |
| DOI Number: | https://doi.org/10.1016/S0922-1425(00)00055-4 |
| Publisher: | Elsevier |
| Keywords: | Panel unit root, Panel cointegration, Purchasing power parity, Asian economies, Japanese economy |
| Depositing User: | Erni Suraya Abdul Aziz |
| Date Deposited: | 17 Dec 2010 00:54 |
| Last Modified: | 26 Oct 2015 03:55 |
| Altmetrics: | http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.1016/S0922-1425(00)00055-4 |
| URI: | http://psasir.upm.edu.my/id/eprint/8756 |
| Statistic Details: | View Download Statistic |
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