Abstract:
International restaurant franchise price data are used to examine purchasing power parity and the behavior of the Mexican peso. Sample data are from El Paso, Texas and Ciudad Juarez, Mexico. A battery of statistical tests indicate that the price ratio and the exchange rate are statistically different from each other, but correlated.
Keywords:Purchasing power parity; restaurant prices; Mexico (search for similar items in EconPapers) JEL-codes:F31 (search for similar items in EconPapers) New Economics Papers: this item is included in nep-ifn and nep-mac Date: 2004-03-04 Note: Type of Document - word doc; prepared on Win98; pages: 17. International restaurant franchise price data are used to examine purchasing power parity and the behavior of the Mexican peso. View list of references