Choong, Chee-Keong; Poon, Wai-Ching; Habibullah, … - EconWPA - 2003
The study aims to examine the robustness of different PPP models by applying different types of econometric techniques in ASEAN-Five economies from 1983:M1 to 2002:M9. Two versions of PPP theory have been estimated within Engle-Granger bivariate cointegration test, Johansen- Juselius...