The Impact of Structural Break(s) on the Validity of Purchasing Power Parity in Turkey: Evidence from Zivot-Andrews and Lagrange Multiplier Unit Root Tests

Hakan Kum

EN

The Impact of Structural Break(s) on the Validity of Purchasing Power Parity in Turkey: Evidence from Zivot-Andrews and Lagrange Multiplier Unit Root Tests

Öz

This study examines the validity of the purchasing power parity (PPP) in Turkey for annual data from 1953 to 2009. While results from both the ADF unit root and the DF-GLS unit root test indicate mixed results, PPP holds for Turkey with the presence of structural breaks which are obtained by Zivot and Andrews and Lagrange Multiplier unit root tests.

Anahtar Kelimeler

Purchasing power parity, PPP, Structural Breaks, Turkish Economy

Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

-

Yazarlar

Hakan Kum Bu kişi benim

Yayımlanma Tarihi

1 Eylül 2012

Gönderilme Tarihi

1 Eylül 2012

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2012 Cilt: 2 Sayı: 3

IZ

https://izlik.org/JA63FH46MM

Kaynak Göster

RIS / Bibtex

APA

Kum, H. (2012). The Impact of Structural Break(s) on the Validity of Purchasing Power Parity in Turkey: Evidence from Zivot-Andrews and Lagrange Multiplier Unit Root Tests. International Journal of Economics and Financial Issues, 2(3), 241-245. https://izlik.org/JA63FH46MM

AMA

1.Kum H. The Impact of Structural Break(s) on the Validity of Purchasing Power Parity in Turkey: Evidence from Zivot-Andrews and Lagrange Multiplier Unit Root Tests. IJEFI. 2012;2(3):241-245. https://izlik.org/JA63FH46MM

Chicago

Kum, Hakan. 2012. “The Impact of Structural Break(s) on the Validity of Purchasing Power Parity in Turkey: Evidence from Zivot-Andrews and Lagrange Multiplier Unit Root Tests”. International Journal of Economics and Financial Issues 2 (3): 241-45. https://izlik.org/JA63FH46MM.

EndNote

Kum H (01 Eylül 2012) The Impact of Structural Break(s) on the Validity of Purchasing Power Parity in Turkey: Evidence from Zivot-Andrews and Lagrange Multiplier Unit Root Tests. International Journal of Economics and Financial Issues 2 3 241–245.

IEEE

[1]H. Kum, “The Impact of Structural Break(s) on the Validity of Purchasing Power Parity in Turkey: Evidence from Zivot-Andrews and Lagrange Multiplier Unit Root Tests”, IJEFI, c. 2, sy 3, ss. 241–245, Eyl. 2012, [çevrimiçi]. Erişim adresi: https://izlik.org/JA63FH46MM

ISNAD

Kum, Hakan. “The Impact of Structural Break(s) on the Validity of Purchasing Power Parity in Turkey: Evidence from Zivot-Andrews and Lagrange Multiplier Unit Root Tests”. International Journal of Economics and Financial Issues 2/3 (01 Eylül 2012): 241-245. https://izlik.org/JA63FH46MM.

JAMA

1.Kum H. The Impact of Structural Break(s) on the Validity of Purchasing Power Parity in Turkey: Evidence from Zivot-Andrews and Lagrange Multiplier Unit Root Tests. IJEFI. 2012;2:241–245.

MLA

Kum, Hakan. “The Impact of Structural Break(s) on the Validity of Purchasing Power Parity in Turkey: Evidence from Zivot-Andrews and Lagrange Multiplier Unit Root Tests”. International Journal of Economics and Financial Issues, c. 2, sy 3, Eylül 2012, ss. 241-5, https://izlik.org/JA63FH46MM.

Vancouver

1.Hakan Kum. The Impact of Structural Break(s) on the Validity of Purchasing Power Parity in Turkey: Evidence from Zivot-Andrews and Lagrange Multiplier Unit Root Tests. IJEFI [Internet]. 01 Eylül 2012;2(3):241-5. Erişim adresi: https://izlik.org/JA63FH46MM