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TESTING PURCHASING POWER PARITY HYPOTHESIS FOR TURKISH ECONOMY

Year 1998, Volume: 16 Issue: 1-2, 121 - 128, 31.12.1998

Abstract

The
aim of this study is to test purchasing power parity hypothesis empirically by
using cointegration method. For this \eason, monthly data for six major
countries' exchange rates and price levels that cover the period between
1982-1997 are employed. This period represents the managed
 floating exchange rate regime, and since 1989
relatively more floatin o exchange rate regime. The cointegration
test results indicate that PPP does not hold for the period between 1982-1997.
Nevertheless, tar the period between 1989-1997 we found a weak cointegrating
between the two out of six pairs of series,
These pairs of series are Italian Lira relative price and British Pound
relative price series.

References

  • Ahking F.W. (1990), "Further Results on Long-Run Purchasing Power Parity in the 1920s", European Economic Review, vol.-34, pp.913- 919.
Year 1998, Volume: 16 Issue: 1-2, 121 - 128, 31.12.1998

Abstract

References

  • Ahking F.W. (1990), "Further Results on Long-Run Purchasing Power Parity in the 1920s", European Economic Review, vol.-34, pp.913- 919.
There are 1 citations in total.

Details

Journal Section Articles
Authors

Galip Altınay

Publication Date December 31, 1998
Submission Date July 20, 2017
Published in Issue Year 1998 Volume: 16 Issue: 1-2

Cite

APA Altınay, G. (1998). TESTING PURCHASING POWER PARITY HYPOTHESIS FOR TURKISH ECONOMY. Hacettepe Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, 16(1-2), 121-128.
AMA Altınay G. TESTING PURCHASING POWER PARITY HYPOTHESIS FOR TURKISH ECONOMY. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. December 1998;16(1-2):121-128.
Chicago Altınay, Galip. “TESTING PURCHASING POWER PARITY HYPOTHESIS FOR TURKISH ECONOMY”. Hacettepe Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi 16, no. 1-2 (December 1998): 121-28.
EndNote Altınay G (December 1, 1998) TESTING PURCHASING POWER PARITY HYPOTHESIS FOR TURKISH ECONOMY. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 16 1-2 121–128.
IEEE G. Altınay, “TESTING PURCHASING POWER PARITY HYPOTHESIS FOR TURKISH ECONOMY”, Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, vol. 16, no. 1-2, pp. 121–128, 1998.
ISNAD Altınay, Galip. “TESTING PURCHASING POWER PARITY HYPOTHESIS FOR TURKISH ECONOMY”. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 16/1-2 (December 1998), 121-128.
JAMA Altınay G. TESTING PURCHASING POWER PARITY HYPOTHESIS FOR TURKISH ECONOMY. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 1998;16:121–128.
MLA Altınay, Galip. “TESTING PURCHASING POWER PARITY HYPOTHESIS FOR TURKISH ECONOMY”. Hacettepe Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, vol. 16, no. 1-2, 1998, pp. 121-8.
Vancouver Altınay G. TESTING PURCHASING POWER PARITY HYPOTHESIS FOR TURKISH ECONOMY. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 1998;16(1-2):121-8.

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