Does PPP hold between Asian and Japanese economies? Evidence using panel unit root and panel cointegration
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...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English English |
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Elsevier
2001
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| Online Access: | http://psasir.upm.edu.my/id/eprint/8756/1/Does%20PPP%20hold%20between%20Asian%20and%20Japanese%20economies.pdf |
| _version_ | 1825944457366732800 |
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| author | Mohamed, Azali Habibullah, Muzafar Shah Baharumshah, Ahmad Zubaidi |
| author_facet | Mohamed, Azali Habibullah, Muzafar Shah Baharumshah, Ahmad Zubaidi |
| author_sort | Mohamed, Azali |
| collection | UPM |
| description | 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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| first_indexed | 2024-03-06T07:16:09Z |
| format | Article |
| id | upm.eprints-8756 |
| institution | Universiti Putra Malaysia |
| language | English English |
| last_indexed | 2024-03-06T07:16:09Z |
| publishDate | 2001 |
| publisher | Elsevier |
| record_format | dspace |
| spelling | upm.eprints-87562015-10-26T03:55:58Z http://psasir.upm.edu.my/id/eprint/8756/ Does PPP hold between Asian and Japanese economies? Evidence using panel unit root and panel cointegration Mohamed, Azali Habibullah, Muzafar Shah Baharumshah, Ahmad Zubaidi 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. Elsevier 2001-01-01 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/8756/1/Does%20PPP%20hold%20between%20Asian%20and%20Japanese%20economies.pdf 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 http://dx.doi.org/10.1016/S0922-1425(00)00055-4 10.1016/S0922-1425(00)00055-4 English |
| spellingShingle | Mohamed, Azali Habibullah, Muzafar Shah Baharumshah, Ahmad Zubaidi Does PPP hold between Asian and Japanese economies? Evidence using panel unit root and panel cointegration |
| title | Does PPP hold between Asian and Japanese economies? Evidence using panel unit root and panel cointegration |
| title_full | Does PPP hold between Asian and Japanese economies? Evidence using panel unit root and panel cointegration |
| title_fullStr | Does PPP hold between Asian and Japanese economies? Evidence using panel unit root and panel cointegration |
| title_full_unstemmed | Does PPP hold between Asian and Japanese economies? Evidence using panel unit root and panel cointegration |
| title_short | Does PPP hold between Asian and Japanese economies? Evidence using panel unit root and panel cointegration |
| title_sort | does ppp hold between asian and japanese economies evidence using panel unit root and panel cointegration |
| url | http://psasir.upm.edu.my/id/eprint/8756/1/Does%20PPP%20hold%20between%20Asian%20and%20Japanese%20economies.pdf |
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