Chang, Tsangyao; Li, Ding; Lu, Yang-Cheng; Lee, Chia-Hao - In: Applied Economics 43 (2011) 24, pp. 3289-3298
In this article, we re-investigate the validity of Purchasing Power Parity (PPP) for a sample of 10 East-Asia countries over the period of January 1987 to June 2005, using a recently developed econometric technique of the panel stationary test with multiple structural breaks, proposed by...