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Revisiting Purchasing Power Parity for India using threshold cointegration and nonlinear unit root test

✍ Scribed by Tiwari, Aviral Kumar; Shahbaz, Muhammad


Book ID
120972392
Publisher
Springer US
Year
2013
Tongue
English
Weight
355 KB
Volume
47
Category
Article
ISSN
1573-9414

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REVISITING PURCHASING POWER PARITY FOR 1
✍ Lu Yang-Cheng; Chang Tsangyao; Lee Chia-Hao; Su Chi-Wei πŸ“‚ Article πŸ“… 2011 πŸ› John Wiley and Sons 🌐 English βš– 167 KB

## ABSTRACT This study applies the threshold unit root test proposed by Caner and Hansen (2001) to test the validity of long‐run purchasing power parity (PPP) in a sample of 15 Latin American countries. These countries share characteristics as high inflation, nominal shocks and trade openness which