The purchasing power parity hypothesis in Turkey: evidence from nonlinear STAR error correction models

Zeynel Abidin Ozdemir

Journal of Economic Methodology, 2008, vol. 15, issue 4, pages 307-311

Abstract: This study re-examines the validity of long-run purchasing power parity (PPP) hypothesis for Turkey using nonlinear cointegration technique. The finding of this article provides the evidence that the long run PPP hypothesis is valid by using nonlinear cointegration technique. This finding argues the validity of the long-run PPP hypothesis in bilateral Turkish real exchange rates with the USA, which is also supported by Sarno (2000) and Erlat (2004).

Date: 2008

Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:taf:jecmet:v:15:y:2008:i:4:p:307-311

Ordering information: This journal article can be ordered from
http://www.tandf.co.uk/journals/subscription.html

Access Statistics for this article

Journal of Economic Methodology is edited by Mark Blaug

More articles in Journal of Economic Methodology from Taylor and Francis Journals
Series data maintained by Christopher F. Baum ().