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Revisiting purchasing power parity in major oil-exporting countries

✍ Scribed by Bahmani-Oskooee, Mohsen; Chang, Tsangyao; Cheng, Shu-Ching; Wu, Tsung-Pao

Book ID
126500888
Publisher
Informa UK (Taylor & Francis)
Year
2014
Tongue
English
Weight
165 KB
Volume
8
Category
Article
ISSN
1752-0843

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Long-run purchasing power parity with as
Long-run purchasing power parity with asymmetric adjustment: evidence from nine major oil-exporting countries
✍ Tsangyao Chang; Wen-Chi Liu πŸ“‚ Article πŸ“… 2008 πŸ› John Wiley and Sons 🌐 English βš– 464 KB

## Abstract In this study, we apply threshold cointegration test advanced by Enders and Siklos (2001) to investigate the properties of asymmetric adjustment in long‐run purchasing power parity (PPP) in nine major oil‐exporting countries. Although there is evidence of long‐run PPP for these nine oil