Testıng purchasıng power parıty ın transıtıon countrıes: evıdence from structural breaks

Basit Öğe Kaydı
dc.authoridÖzturk, Ilhan -- 0000-0002-6521-0901; Acaravci, Ali -- 0000-0002-6662-6175;
dc.contributor.authorAcaravci, Ali
dc.contributor.authorÖztürk, İlhan
dc.date.accessioned12.07.201910:50:10
dc.date.accessioned2019-07-12T15:28:09Z
dc.date.available12.07.201910:50:10
dc.date.available2019-07-12T15:28:09Z
dc.date.issued2010
dc.departmentMeslek Yüksekokuluen_US
dc.descriptionWOS: 000274747700014en_US
dc.description.abstractThis study examines the validity of the purchasing power parity (PPP) in 8 transition countries for monthly data from 1992:1 to 2009:1. While results from both the ADF unit root and the KPSS unit root test indicate that PPP does not hold for Bulgaria, Croatia, Czech Republic, Hungary, Macedonia (FYR), Poland, Romania and Slovak Republic. In the presence of structural breaks, PPP holds only for Bulgaria and Romania it does not hold for the other 6 transition countries. Testing the stationarity of real exchange rate series by using four types of unit roots tests, the evidence suggests that real effective exchange rate is nonstationary and thus PPP doesn't hold for all 6 transition countries in the long run. All results emphasized that there is weak evidence about the long-run PPP hypothesis in transition countries and the validity of PPP remains a controversial and unsettled issue.en_US
dc.identifier.endpage198en_US
dc.identifier.issn1582-9146
dc.identifier.issue27en_US
dc.identifier.startpage190en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12507/650
dc.identifier.volume12en_US
dc.identifier.wosWOS:000274747700014
dc.identifier.wosqualityQ4
dc.indekslendigikaynakWeb of Science
dc.language.isoen
dc.publisherEDITURA ASEen_US
dc.relation.ispartofMmfıteatru Economıc
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectReal Exchange Rateen_US
dc.subjectUnit Root Testsen_US
dc.subjectStructural Breaksen_US
dc.subjectTansition Countriesen_US
dc.titleTestıng purchasıng power parıty ın transıtıon countrıes: evıdence from structural breaks
dc.typeArticle

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
Küçük Resim
İsim:
İlhan ÖZTÜRK.pdf
Boyut:
270.19 KB
Biçim:
Adobe Portable Document Format
Açıklama:
Tam Metin / Full Text
İndir

Koleksiyon

Makale Koleksiyonu
WoS İndeksli Yayınlar Koleksiyonu