In this paper we test the theory of purchasing power parity for the Czech Republic and Slovenia in comparison to Austria, Germany, France and Italy by employing data from January 1992 to December 2001. Results of unit root tests indicate that the eight time series of the real exchange rates of the koruna and the tolar are integrated of order one. Though some cointegration was found among the nominal exchange rates and selected consumer price indices, the presented results do not support the theory of purchasing power parity in any of the two observed economies.

Rights

URN

URN:NBN:SI:DOC-32V9ZJ1I

COBISSID

9037084

Added

16.09.2009

Metadata

Citation

APA:

Boršič, Darja, Bekő, Jani (2007). Purchasing power parity in the Czech Republic and Slovenia. Naše gospodarstvo, volume 53, issue 1/2, str. 48-54. URN:NBN:SI:DOC-32V9ZJ1I from http://www.dlib.si

MLA:

Boršič, Darja, Bekő, Jani. "Purchasing power parity in the Czech Republic and Slovenia." Naše gospodarstvo volume 53. issue 1/2 (2007) str. 48-54.
<http://www.dlib.si/?URN=URN:NBN:SI:DOC-32V9ZJ1I>

Naše gospodarstvo
1955-
(Assembly record)

številka

Naše gospodarstvo
2007
(Complete issue)

Purchasing power parity in the Czech Republic and Slovenia : an empirical testPariteta kupne moči na Češkem in v Sloveniji : empirično preverjanje

Purchasing power parity in the Czech Republic and Slovenia : an empirical test
Pariteta kupne moči na Češkem in v Sloveniji : empirično preverjanje