Abstract
This work examines the linkages between goods and asset markets in
establishing purchasing power parity in West African countries. Johansen
cointegration technique was used to examine long term relationship between
bilateral exchange rates, prices and interest ratios of each of the countries and
the US. Our findings show that few of the countries support PPP with both
bivariate and multivariate approach.
establishing purchasing power parity in West African countries. Johansen
cointegration technique was used to examine long term relationship between
bilateral exchange rates, prices and interest ratios of each of the countries and
the US. Our findings show that few of the countries support PPP with both
bivariate and multivariate approach.
| Original language | English |
|---|---|
| Journal | Arabian Journal of Business and Management Review |
| Volume | 1 |
| Issue number | 5 |
| Publication status | Published - 2011 |
| Externally published | Yes |