City Price Convergence in Turkey with Structural Breaks
This paper explores relative price convergence for 18 cities in Turkey. The convergence implies stationarity in the long run. Henceforth, to observe whether price convergence occurs or not, this study conducts unit root tests following Lee and Strazicich (2003) with two structural breaks in level an...
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| Format: | Article |
| Language: | English |
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EconJournals
2016-05-01
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| Series: | International Journal of Economics and Financial Issues |
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| Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/32012/353761?publisher=http-www-cag-edu-tr-ilhan-ozturk |