Lau, Evan and Liew, Venus Khim-Sen and Puah, Chin Hong and Choong, Chee-Keong (2010) Revisiting Purchasing Power Parity for Central Asian Countries Using Threshold Cointegration Tests. Economics Bulletin, 30 (2). 1283 -1292. ISSN 1545-2921
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Official URL: http://www.accessecon.com/Pubs/EB/2010/Volume30/EB...
Abstract
This study finds evidence supportive of the Purchasing Power Parity for Azerbaijan and Kazakhstan using threshold cointegration tests. This finding suggests the existence of an asymmetry relationship between exchange rate and relative prices. The asymmetric relationship may be due to the heavily regulated price and exchange rate systems in these transition economies for the benefits of trade competiveness.
| Item Type: | Article |
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| Uncontrolled Keywords: | Purchasing Power Parity, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, research, Universiti Malaysia Sarawak |
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions |
| Divisions: | Academic Faculties, Institutes and Centres > Faculty of Economics and Business Faculties, Institutes, Centres > Faculty of Economics and Business |
| Depositing User: | Karen Kornalius |
| Date Deposited: | 05 May 2015 08:51 |
| Last Modified: | 06 Oct 2017 08:06 |
| URI: | http://ir.unimas.my/id/eprint/7307 |
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