Price disparity in international commodity markets: the case of Malaysian key exports
According to the law of one price (LOP), the export price of a well defined commodity should be the same in different markets. This paper investigates the empirical validity of this hypothesis using cointegration technique suggested by Engle and Granger (1985) and Johansen (1988). Monthly data on t...
| Autors principals: | , |
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| Format: | Conference or Workshop Item |
| Idioma: | English |
| Publicat: |
Universiti Putra Malaysia
1994
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| Accés en línia: | http://psasir.upm.edu.my/id/eprint/47457/1/Price%20disparity%20in%20international%20commodity%20markets%20the%20case%20of%20Malaysian%20key%20exports.pdf |