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Testing weak and strong forms of PPP for Asian countries. (Research Notes).

Publication: International Advances in Economic Research
Publication Date: 01-AUG-02
Format: Online
Delivery: Immediate Online Access
Full Article Title: Testing weak and strong forms of PPP for Asian countries. (Research Notes).(Brief Article)

Article Excerpt
Coppin State College--U.S.A.

This paper tests weak and strong forms of Purchasing Power Parity (PPP) for Japan, Malaysia, the Philippines, Singapore, and Thailand. PPP theory stipulates that the exchange rate between two countries is equal to the ratio of their price levels. The study used quarterly observations of real...

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