期刊名称：Topics in Middle Eastern and North African Economies
出版年度：2013
卷号：15
期号：1
页码：105
出版社：Loyola University Chicago
摘要：MENA countries have been confronted with major social, economic and political changes during the last two decades. During this period some emerging countries and transition economies also experienced similar transformation at varying degrees. The transformation of the economic system has affected not only relative domestic prices but also the gap between domestic and international price levels. The paper focuses on how deviation of domestic prices from international market prices is affected by openness in the selected countries. The difference between domestic and international price level is calculated by employing purchasing power parity (PPP). The factors that may have an effect on domestic-foreign price differences other than openness also are considered as control variables of the empirical analyses.
关键词：Price convergence; Purchasing Power Parity; Trade Openness
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