Purchasing Power Parity (PPP) in a Transition Economy - Cambodia: Empirical Evidence from Bilateral Exchange Rates

Purchasing Power Parity (PPP) in a Transition Economy - Cambodia: Empirical Evidence from Bilateral Exchange Rates

This study contributes to the existing literature by examining the validity of PPP hypothesis for Cambodia. The standard unit root tests (ADF and PP) and the panel unit root tests fail to support PPP hypothesis for the nine Cambodia’s trading partners. The unit root tests with structural break suppo...

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Bibliographic Details
Main Authors: Tuck , Cheong Tang, Liew, Venus Khim−Sen
Format: Monograph
Language:English
Published: Universiti Malaysia Sarawak 2009
Subjects:
HF Commerce
HG Finance
Online Access:http://ir.unimas.my/225/
http://ir.unimas.my/225/1/Purchasing_Power_Parity_PPP.pdf

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