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

QR Code

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...

Full description

Bibliographic Details
Main Authors:	Tuck, Cheong Tang, Liew, Venus Khim-Sen
Format:	Working Paper
Language:	English
Published:	Monash University Bussiness anf Economics 2009
Subjects:	H Social Sciences (General) HB Economic Theory
Online Access:	http://ir.unimas.my/id/eprint/3229/ http://ir.unimas.my/id/eprint/3229/1/Purchasing%2BPower%2BParity%2B%2528PPP%2529%2Bin%2Ba%2BTransition%2BEconomy%2B-%2BCambodia%2B%2528abstract%2529.pdf

Similar Items

An empirical investigation of purchasing power parity for a transition economy - Cambodia
by: Liew, Venus Khim-Sen, et al.
Published: (2009)

Nonlinear Adjustment towards Purchasing Power Parity in ASEAN Exchange Rates
by: Liew, Venus Khim-Sen, et al.
Published: (2004)

Purchasing power parity in Asian economies: further evidence from rank tests for cointegration
by: Liew, Venus Khim-Sen, et al.
Published: (2009)

Nonlinear Adjustment Of Real Exchange Rates Towards Purchasing Power Parity And The Asian Financial Crisis
by: Liew, Venus Khim-Sen, et al.
Published: (2005)

Twin deficits in Cambodia: An empirical study
by: Evan, Lau, et al.
Published: (2009)

On Singaporean Dollar-U.S. Dollar and Purchasing Power Parity
by: Liew, Venus Khim-Sen, et al.
Published: (2004)

Revisiting Purchasing Power Parity of Papua New Guinea
by: Liew, Venus Khim-Sen, et al.
Published: (2011)

Twin deficits in Cambodia: Are there Reasons for Concern? An Empirical Study
by: Evan, Lau, et al.
Published: (2009)

The Validity of PPP Revisited: An Application of Non-linear Unit Root Test
by: Liew, Venus Khim-Sen
Published: (2003)

Non-linearities in Real Interest Rate Parity: Evidence from OECD and Asian Developing Economies
by: Ahmad Zubaidi, Baharumshah, et al.
Published: (2010)

Non-linearities in real interest rate parity : evidence from OECD and Asian developing economies.
by: Baharumshah, Ahmad Zubaidi, et al.
Published: (2010)

Revisiting Purchasing Power Parity for Central Asian Countries Using Threshold Cointegration Tests
by: Lau, Evan, et al.
Published: (2010)

Long-run validity of purchasing power parity and rank tests for cointegration for Central Asian countries
by: Liew, Venus Khim-Sen, et al.
Published: (2010)

Purchasing Power Parity (PPP) of Australian Dollar: Do Test Procedures Matter?
by: Hassan, A., et al.
Published: (2011)

Testing the validity of purchasing power parity (PPP) in the newly industrialized countries (NICs)
by: Tan, Pei Yu
Published: (2010)

Parity and non-parity determinants of exchange rates in Latin American economies
by: Ho, Catherine Soke Fun, et al.
Published: (2014)

The inadequacy of linear autoregressive model for real exchange rates: empirical evidence from Asian economies
by: Liew, Venus Khim-Sen, et al.
Published: (2003)

The inadequacy of linear autoregressive model for real exchange rates: empirical evidence from Asian economies
by: Liew, Venus Khim Sen, et al.
Published: (2003)

Forecasting Performance of Exponential Smooth Transition Autoregressive Exchange Rate Models
by: Ahmad Zubaidi, Baharumshah, et al.
Published: (2006)

Forecasting performance of exponential smooth transition autoregressive exchange rate models
by: Baharumshah, Ahmad Zubaidi, et al.
Published: (2006)

Does Electricity Consumption have Significant Impact towards the Sectoral Growth of Cambodia? Evidence from Wald Test Causality Relationship
by: Nathan, Thurai Murugan, et al.
Published: (2013)

Real interest rate parity in the ASEAN-5 countries : a nonlinear perspective.
by: Baharumshah, Ahmad Zubaidi, et al.
Published: (2008)

Real interest rate parity in the ASEAN-5 countries: a nonlinear perspective
by: Ahmad Zubaidi, Baharumshah, et al.
Published: (2008)

Real exchange rate dynamics in the Asian economies: can regime shifts explain purchasing power parity puzzles?
by: Siew, Voon Soon, et al.
Published: (2015)

Nonlinear Adjustment of ASEAN−5 Real Exchange Rates: Symmetrical or Asymmetrical?
by: Liew, Venus Khim-Sen
Published: (2004)

Linear and nonlinear monetary approaches to the exchange rate of the Philippines peso-Japanese yen
by: Liew, Venus Khim-Sen
Published: (2009)

Exchange rate and trade balance relationship : empirical study in Cambodia, Thailand and vietnam
by: Kong, Michelle Ping Ping
Published: (2012)

On the application of the rank tests for nonlinear cointegration to PPP: The case of Papua New Guinea
by: Liew, Venus Khim-Sen, et al.
Published: (2012)

Purchasing power parity and efficiency of black market exchange rate in African countries
by: Baharumshah, Ahmad Zubaidi, et al.
Published: (2011)

Purchasing power parity in South East Asian countries economies: a cointegration approach
by: Baharumshah, Ahmad Zubaidi, et al.
Published: (1997)

Income Divergence? Evidence of Non−linearity in the East Asian Economies
by: Khim−Sen Liew, Venus, et al.
Published: (2005)

Money Demand in Malaysia: Further Empirical Evidence
by: Huzaimi, Hussain, et al.
Published: (2006)

Exchange rate volatility and purchasing power parity: does euro make any difference?
by: Manzur, Meher, et al.
Published: (2010)

Predictability of ASEAN-5 Exchange Rates in the Post-Crisis Era
by: Liew, Venus Khim-Sen, et al.
Published: (2003)

Malaysian bilateral exports and bilateral real exchange rates
by: Yusoff, Mohammed
Published: (2007)

Oil price shocks and sectoral outputs : Empirical evidence from Malaysia
by: Liew, Venus Khim-Sen, et al.
Published: (2017)

Is Purchasing Power Parity over-valuating?
by: LIU, CHAO
Published: (2009)

Forecasting Performance of Logistic STAR Exchange Rate Model: The Original and Reparameterised Versions
by: Liew, Venus Khim-Sen, et al.
Published: (2002)

The Relationship between Internet Usage and Gross National Income of an Emerging Economy
by: Chong, Fennee, et al.
Published: (2016)

Beyond the purchasing power parity: exchange rates, prices and interest rates in ASEAN-5 countries
by: Noreha Halid,, et al.
Published: (2009)