At present, diffusion of Information Communication Technology (ICT) is a significant area of concern for sustainable development and growth of a country. Regions with abundant labour such as South Asia require significant improvements in the diffusion of ICT to achieve higher productivity for...

This study examines the validity of the Purchasing Power Parity (PPP) hypothesis to a developing country such as Papua New Guinea during the floating exchange rate regime. The empirical analysis was performed using recently developed Ng-Perron (2001) unit root tests which are more powerful than...