Testing the validity of purchasing power parity (PPP) in the newly industrialized countries (NICs)
This study investigates the validity of purchasing power parity (PPP) Newly Industrialized Countries (NICs) using a univeriate unit root and ARDL approach. Quarterly data of 8 NICs (South Africa, Thailand, Tukey, the Philippines, Malaysia Brazil and India) are used to test for the long run PPP relat...
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| Format: | Final Year Project Report |
| Language: | English |
| Published: |
Universiti Malaysia Sarawak, (UNIMAS)
2010
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| Online Access: | http://ir.unimas.my/id/eprint/1223/8/TESTING%20THE%20VALIDITY%20OF%20PURCHASING%20POWER%20PARITY%20%28PPP%29%20IN%20THE%20NEWLY%20INDUSTRIALIZED%20COUNTRIES%20%28NICs%29%20%28full%20text%29.pdf http://ir.unimas.my/id/eprint/1223/ |
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| Institution: | Universiti Malaysia Sarawak |
| Language: | English |
| Summary: | This study investigates the validity of purchasing power parity (PPP) Newly Industrialized Countries (NICs) using a univeriate unit root and ARDL approach. Quarterly data of 8 NICs (South Africa, Thailand, Tukey, the Philippines, Malaysia Brazil and India) are used to test for the long run PPP relationship with the China Yuan as base currency. |
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