Abstract
This study is investigated the PPP hypothesis for 16 OECD countries by using the newly proposed unit root tests which covers nonlinearity, structural break and nonlinear panel data structure. The results exhibits that the nonlinearity and structural break are important components of the PPP data.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
