CONVERGENCE OF IN-COUNTRY PRICES FOR THE TURKISH ECONOMY: A PANEL DATA SEARCH FOR THE PPP HYPOTHESIS USING SUB-REGIONAL DISAGGREGATED DATA

Cilt: 15 Sayı: 2 1 Temmuz 2014
  • Mustafa Mete
  • Pelin Karatay Gögül
  • Levent Korap
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CONVERGENCE OF IN-COUNTRY PRICES FOR THE TURKISH ECONOMY: A PANEL DATA SEARCH FOR THE PPP HYPOTHESIS USING SUB-REGIONAL DISAGGREGATED DATA

Öz

This paper tries to examine that in-country prices from the Turkish economy can be specified as a stationary relationship giving support to the long-run purchasing power parity in economics theory. For this purpose, a sub-regional categorization of the economy is considered over the investigation period of 2005-2012, and, following Esaka 2003 , the study uses a panel estimation framework consisting of 12 disaggregated consumer price indices to search for whether the relative prices of goods between sub-regions of the Turkish economy can be represented by stationary time series properties.

Anahtar Kelimeler

Kaynakça

  1. ALBA, J.D., PAPELL, D.H. (2007). Purchasing power parity and country characteristics: evidence fron panel data tests. Journal of Development Economics, 83, 240-51. ss.
  2. ALBA, J.D., PARK, D. (2003). Purchasing power parity in developing countries: multi- period evidence under the current float. World Development, 31, 2049-60. ss.
  3. AZALI, M., HABIBULLAH, M.S., BAHARUMSHAH, A.Z. (2001). Does PPP hold between
  4. Asian and Japanese economies? evidence using panel unit root and panel cointegration. Japan and the World Economy, 13, 36-50. ss. BASHER, S.A., MOHSIN, M. (2004). PPP tests in cointegrated panels: evidence from Asian developing countries. Applied Economics Letters, 11, 163-6. ss.
  5. CERRATO, M., SARANTIS, N. (2008). Symmetry, proportionality and the purchasing power parity: evidence from panel cointegration tests. International Review of Economics and Finance, 17 (1), 56-65. ss.
  6. CHIU, R.L. (2002). Testing the purchasing power parity in panel data. International Review of Economics and Finance, 11, 349-62. ss.
  7. CHOI, I. (2001). Unit root tests for panel data. Journal of International Money and Finance, , 249-72. ss.
  8. ENGEL, C., ROGERS, J.H. (1996). How wide is the border?. American Economic Review, , 1112-25. ss.

Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

-

Yazarlar

Mustafa Mete Bu kişi benim

Pelin Karatay Gögül Bu kişi benim

Levent Korap Bu kişi benim

Yayımlanma Tarihi

1 Temmuz 2014

Gönderilme Tarihi

-

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2014 Cilt: 15 Sayı: 2

Kaynak Göster

APA
Mete, M., Gögül, P. K., & Korap, L. (2014). CONVERGENCE OF IN-COUNTRY PRICES FOR THE TURKISH ECONOMY: A PANEL DATA SEARCH FOR THE PPP HYPOTHESIS USING SUB-REGIONAL DISAGGREGATED DATA. Doğuş Üniversitesi Dergisi, 15(2), 201-210. https://izlik.org/JA29JP96YD
AMA
1.Mete M, Gögül PK, Korap L. CONVERGENCE OF IN-COUNTRY PRICES FOR THE TURKISH ECONOMY: A PANEL DATA SEARCH FOR THE PPP HYPOTHESIS USING SUB-REGIONAL DISAGGREGATED DATA. DOUJ. 2014;15(2):201-210. https://izlik.org/JA29JP96YD
Chicago
Mete, Mustafa, Pelin Karatay Gögül, ve Levent Korap. 2014. “CONVERGENCE OF IN-COUNTRY PRICES FOR THE TURKISH ECONOMY: A PANEL DATA SEARCH FOR THE PPP HYPOTHESIS USING SUB-REGIONAL DISAGGREGATED DATA”. Doğuş Üniversitesi Dergisi 15 (2): 201-10. https://izlik.org/JA29JP96YD.
EndNote
Mete M, Gögül PK, Korap L (01 Temmuz 2014) CONVERGENCE OF IN-COUNTRY PRICES FOR THE TURKISH ECONOMY: A PANEL DATA SEARCH FOR THE PPP HYPOTHESIS USING SUB-REGIONAL DISAGGREGATED DATA. Doğuş Üniversitesi Dergisi 15 2 201–210.
IEEE
[1]M. Mete, P. K. Gögül, ve L. Korap, “CONVERGENCE OF IN-COUNTRY PRICES FOR THE TURKISH ECONOMY: A PANEL DATA SEARCH FOR THE PPP HYPOTHESIS USING SUB-REGIONAL DISAGGREGATED DATA”, DOUJ, c. 15, sy 2, ss. 201–210, Tem. 2014, [çevrimiçi]. Erişim adresi: https://izlik.org/JA29JP96YD
ISNAD
Mete, Mustafa - Gögül, Pelin Karatay - Korap, Levent. “CONVERGENCE OF IN-COUNTRY PRICES FOR THE TURKISH ECONOMY: A PANEL DATA SEARCH FOR THE PPP HYPOTHESIS USING SUB-REGIONAL DISAGGREGATED DATA”. Doğuş Üniversitesi Dergisi 15/2 (01 Temmuz 2014): 201-210. https://izlik.org/JA29JP96YD.
JAMA
1.Mete M, Gögül PK, Korap L. CONVERGENCE OF IN-COUNTRY PRICES FOR THE TURKISH ECONOMY: A PANEL DATA SEARCH FOR THE PPP HYPOTHESIS USING SUB-REGIONAL DISAGGREGATED DATA. DOUJ. 2014;15:201–210.
MLA
Mete, Mustafa, vd. “CONVERGENCE OF IN-COUNTRY PRICES FOR THE TURKISH ECONOMY: A PANEL DATA SEARCH FOR THE PPP HYPOTHESIS USING SUB-REGIONAL DISAGGREGATED DATA”. Doğuş Üniversitesi Dergisi, c. 15, sy 2, Temmuz 2014, ss. 201-10, https://izlik.org/JA29JP96YD.
Vancouver
1.Mustafa Mete, Pelin Karatay Gögül, Levent Korap. CONVERGENCE OF IN-COUNTRY PRICES FOR THE TURKISH ECONOMY: A PANEL DATA SEARCH FOR THE PPP HYPOTHESIS USING SUB-REGIONAL DISAGGREGATED DATA. DOUJ [Internet]. 01 Temmuz 2014;15(2):201-10. Erişim adresi: https://izlik.org/JA29JP96YD