期刊名称:International Journal of Economics and Financial Issues
电子版ISSN:2146-4138
出版年度:2018
卷号:8
期号:2
页码:370-375
语种:English
出版社:EconJournals
摘要:Purchasing power parity (PPP) which is an indicator of price level varieties across the countries is a popular work item at the present time. This study focuses on purchasing power parity (PPP) for EU member countries which use Euro. In other words, in this study, Bulgaria, Croatia, Czech Republic, Denmark, Hungary, Latvia, Lithuania, Poland, Romania, Sweden and the United Kingdom which do not use Euro among the 28 member countries are being ignored, the study deals with 19 EU member countries which use Euro (Euro zone). These countries are Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Portugal, Slovakia, Slovenia, Spain and the Netherlands. In this study, LM unit root test which is improved by Lee ve Strazicich have been perfomed for the countries in question between 2000-2016 by gauss method.
关键词:Purchasing Power Parity; Real Exchange Rate; EU Member Countries; Unit Root Test