Evidence of purchasing power parity from Asean data (Kewujudan pariti kuasa beli daripada data negara-negara Asean)
Purchasing power parity (PPP) is a theory of long-term equilibrium exchange rates based on relative price levels of two countries. The concept is based on the law of one price; the idea that in the absence of transaction costs, identical goods will have the same price in different marke...
Main Author: | Hamizun Ismail |
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Format: | Article |
Published: |
Penerbit Universiti Kebangsaan Malaysia
2011
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Online Access: | http://journalarticle.ukm.my/3439/ http://journalarticle.ukm.my/3439/ |
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