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...

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...