Kozul, Ivan - In: UTMS journal of economics / University of Tourism and … 4 (2013) 3, pp. 253-268
This paper examines the validity of purchasing power parity (PPP) hypothesis in the Republic of Croatia. The main aim … is to test whether the PPP Theory holds in the case of the Republic of Croatia and whether the PPP Theory is an … its long-run value. The PPP Theory in the Republic of Croatia has been tested using methods of cointegration analysis. Two …