Darné, Olivier; Hoarau, Jean-François - In: Recherches économiques de Louvain 74 (2008) 2, pp. 219-236
In this paper we re-examine whether purchasing power parity holds in the long run in China from a two-steps procedure correcting outliers and testing unit roots. Thus, the efficient unit root tests developed by Elliott, Rothenberg and Stock (1996) and Ng and Perron (2001) are applied on the...
