Dreger, Christian; Kosfeld, Reinhold - In: Jahrbücher für Nationalökonomie und Statistik 230 (2010) 3, pp. 274-286
Summary We investigate price level convergence on the base of regional data for 439 German districts. Prices refer to … the overall consumer price index as well as to the index without housing prices. To increase the efficiency of the testing … of regional price convergence, as the null hypothesis of a unit root is usually not rejected. The second generation tests …