Chang, Tsangyao; Tang, De-Piao; Liu, Wen-Chi; Lee, Chia-Hao - In: Applied Economics Letters 17 (2010) 17, pp. 1721-1727
In this study, the panel Seemingly Unrelated Regressions Augmented Dickey-Fuller (SURADF) tests advanced by Breuer et al. (2001) are used to test the validity of Purchasing Power Parity (PPP) for 15 countries belonging to the Common Market for Eastern and Southern Africa (COMESA) and the...