| Naslov: | Re-examination of the purchasing power parity in Central and Eastern European economies |
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| Avtorji: | ID Baharumshah, Ahmad Zubaidi (Avtor)
ID Bekő, Jani (Avtor)
ID Boršič, Darja (Avtor) |
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| Datoteke: |  Croatian_Operational_Research_Review_2011_Baharumshah,_Ehsan_Re-Examination_of_the_Purchasing_Power_Parity_in_Central_and_Eastern_Europh.pdf (256,38 KB)
MD5: 371DE1815609A56AF2470242FD96D2C5
PID: 20.500.12556/dkum/cd2d8824-d9ba-4795-8952-2acd31c114e9
 http://hrcak.srce.hr/96662
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| Jezik: | Angleški jezik |
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| Vrsta gradiva: | Znanstveno delo |
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| Tipologija: | 1.08 - Objavljeni znanstveni prispevek na konferenci |
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| Organizacija: | EPF - Ekonomsko-poslovna fakulteta
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| Opis: | The empirical record on PPP tests for transition economies is far from being so opulent as it is for the developed market economies. This paper attempts to fill this gap by scrutinizing the theory of PPP on a sample of Central and Eastern European economies. The paper has two main advances with respect to previous PPP studies. First, it employs a monthly data base on real exchange rates for a panel of 12 Central and Eastern European economies by testing the theory separately with respect to US dollar and with respect to Euro. Second, we utilise a panel unit root test that involves the estimation of the ADF regression in a SUR framework. Since our study found support for the validity of PPP in some reforming European economies, special attention should be devoted to individual country-specific factors that cause PPP deviations. |
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| Ključne besede: | purchasing power parity, real exchange rates, stationarity test, exchange rate, currency, exchange rates, macroeconomics, parity, purchasing power of money, purchasing power |
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| Status publikacije: | Objavljeno |
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| Verzija publikacije: | Objavljena publikacija |
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| Leto izida: | 2011 |
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| Št. strani: | str. 184-193 |
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| Številčenje: | Letn. 2, št. 1 |
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| PID: | 20.500.12556/DKUM-66967  |
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| ISSN: | 1848-0225 |
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| UDK: | 339.743 |
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| COBISS.SI-ID: | 10765852 |
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| ISSN pri članku: | 1848-0225 |
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| NUK URN: | URN:SI:UM:DK:BAJWDZI5 |
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| Datum objave v DKUM: | 21.07.2017 |
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| Število ogledov: | 1648 |
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| Število prenosov: | 211 |
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| Metapodatki: |    |
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| Področja: | Ostalo
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