Dergiler / International Journal of Economics and Financial Issues / 2012 / Cilt: 2 Sayı: 3

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

Sayfa
241–245
Yayın Tarihi
2012-09-01
DOI
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⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

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.

📌 3 Maddede Bu Makale

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Amaç & Hipotez:This study examines the validity of the purchasing power parity (PPP) in Turkey for annual data from 1953 to 2009.
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Temel Bulgular & Veri:This study examines the validity of the purchasing power parity (PPP) in Turkey for annual data from 1953 to 2009.
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Sonuç & Katkı: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.
🔬Tür:Araştırma Makalesi
📍Kapsam:2009 Verileri
⚙️Değişkenler:Purchasing power parity · PPP · Structural Breaks

Abstract

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.

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Bu Makaleye Atıf Yap

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, Cilt: 2 Sayı: 3, 241–245. https://ajindex.com/articles/994910

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