Petroleum Pump Price Swing and Consumer Price Index Nexus in Nigeria: New Evidence from NARDL
نویسندگان
چکیده
منابع مشابه
Does PPP hold for Big Mac price or consumer price index? Evidence from panel cointegration
This paper examines the validity of purchasing power parity (PPP) using CPI and Big Mac prices. The benchmark model, i.e., the OLS method, which does not take nonstationarity into account, rejects the hypothesis of PPP regardless of prices used. We next use the panel cointegration method to consider the nonstationary nature of variables. Estimated results for CPI are mixed. The PPP is rejected ...
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ژورنال
عنوان ژورنال: Studia Universitatis „Vasile Goldis” Arad – Economics Series
سال: 2021
ISSN: 2285-3065
DOI: 10.2478/sues-2021-0009