Validity of purchasing power parity in the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86096001" target="_blank" >RIV/61989100:27510/15:86096001 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Validity of purchasing power parity in the Czech Republic
Original language description
The Purchasing Power Parity Theory is one of the oldest and the most controversial topics in the international economics. Especially there are discussions about its validity in transitive economies. The aim of this article is to assess the validity of PPP in the Czech Republic. There exists an absolute and a relative version of PPP theory. The absolute version was verified by stacionarity tests (in particular ADF and PP tests), the relative version was tested by regression analysis. It was found that neither absolute nor relative version of PPP theory is valid in the Czech Republic.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
MEKON : conference proceedings of MEKON 2015 : selected papers : 17th international conference : February 4-5, 2015, Ostrava, Czech Republic
ISBN
978-80-248-3840-3
ISSN
1805-9945
e-ISSN
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Number of pages
9
Pages from-to
715-723
Publisher name
VŠB - Technical University of Ostrava
Place of publication
Ostrava
Event location
Ostrava
Event date
Feb 4, 2015
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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