Although theoretical discussion of Factor Price Equalization (FPE) theorem has been quite prolific in the international economics literature, empirical tests of the FPE theorem have been very limited and inadequately performed. In this paper, we use Johansen's multivariate cointegration testing...

This paper attempts to reconcile the differences in previous studies of the tests of foreign exchange market efficiency. The results show that the market efficiency tests depend on the choice of model between the level and the percentage change specifications. Cointegration testing results and...

Purpose: Machine learning algorithms are useful to effectively analyse, and therefore automatically classify online reviews. The purpose of this paper is to demonstrate a novel text-mining framework and its potential for use in the classification of unstructured hotel reviews....