Testing the validity of purchasing power parity in alternative markets: Evidence from the fourier quantile unit root test

Doğanlar, Murat; Mike, Faruk; Kızılkaya, Oktay

doi:10.1016/j.bir.2020.12.004

Cited by 15 publications

(9 citation statements)

References 22 publications

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“…Hence, long-run PPP in these 16 developed nations. Some of the numerous studies that also found support for the PPP in developed countries just like this study include the work of Carnovale (2001), Jenkins and Snaith (2008), Gengenbach et al (2008), Jiang et al (2015) and Doganlar et al (2020). Thereby, it will cause inflation to increase in this group of countries.…”

Section: Amg -Stagementioning

confidence: 66%

“…Recently, Papell and Prodan (2020) discovered support for the PPP when they used data with lowfrequency averages in measuring long-run covariability and variability for 16 developed countries from 1870 to 2013. Finally, Doganlar et al (2020) utilized the Fourier Quantile test of unit root for Turkey together with its main partners of the trade from 1993:1-2018:8, supporting the long-run PPP validity.…”

Section: Introductionmentioning

confidence: 85%

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Purchasing Power Parity Theory: A Cross-Sectional Dependence Panel Data Analysis of Sixteen Developed Countries

Choji

Sek

2023

JCIA

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This paper examined the purchasing power parity (PPP) theory for a group of sixteen developed countries using powerful statistical panel data methods that account for cross-sectional dependence. The paper utilized the Pesaran panel unit root test, the cointegration test of Westerlund, the Augmented Mean Group (AMG) estimator, the Common Correlated Effect Mean Group (CCEMG) estimator, and the panel data Granger non-causality test of Dumitricus and Hurlin to analyze the causal relationships among the variables involved in the study. The tests showed that the PPP theory occurs in this group of countries. Furthermore, outcomes of the long-run estimation revealed both depreciation and appreciation of the nominal exchange rates. Apart from providing important policy implications on the results obtained, this paper made another significant contribution by extending the linear AMG and CCEMG estimators into nonlinear estimators and further used them in examining the long-run PPP theory.

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Section: Amg -Stagementioning

confidence: 66%

Section: Introductionmentioning

confidence: 85%

Purchasing Power Parity Theory: A Cross-Sectional Dependence Panel Data Analysis of Sixteen Developed Countries

Choji

Sek

2023

JCIA

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“…Supported by statements from (Yen Chu et al, 2020) that increasing family income can increase their purchasing power, both daily consumption and their purchasing power for long-term durable goods (Doğanlar et al, 2020). Figure 3.…”

Section: Discussionmentioning

confidence: 99%

The Contribution of Oil Palm Partnerships to Increased Income of Plasma Farmers: A Study at PT. Windu Nabatindo Lestari (WNL)

Kurniawan¹,

Elfatma²,

Saloko³

et al. 2021

Bul. Penelit. Sos. Ekonomi Pertan. Fakultas Pertan. Universitas

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The income level of smallholder farmers can only meet their daily needs due to the location's remote location and the difficulty of communication access. Based on this, the Government seeks to formulate policies that are expected to have a real impact on increasing the productivity of smallholdings and improving the welfare of farmers. One of the efforts made is the Primary Member Cooperative Credit (KKPA). The purpose of this research is to examine the impact of the partnership program at the Windu Nabatindo Lestari (WNL) company in the KKPA scheme, a program to improve the welfare of plasma farmers. The research method is descriptive analysis with a qualitative approach using purposive sampling. Research respondents were 60 plasma farmers. Data collection techniques include field observations, in-depth interviews with questionnaires, and analysis of company documents. The results showed an increase in the welfare of plasma farmers after the partnership program. The partnership program at the Windu Nabatindo Lestari (WNL) company under the KKPA scheme positively impacts the welfare of plasma farmers in Pundu Village, Cempaga Hulu District East Kotawaringin, Central Kalimantan. The frequency of the number of plasma farmers who experienced increased income before and after the KKPA program was 83.3%.

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“…According to the PPV, consumer choices are always related to purchasing power and economic background [ 53 ]. In developed countries with higher purchasing power, customers are more willing to purchase products at higher costs than consumers in developing countries because customers from developed countries have a higher purchasing power than those in underdeveloped countries.…”

Section: Theoretical Background and Hypotheses Developmentmentioning

confidence: 99%

What matters for international consumers’ choice preferences for smartphones: Evidence from a cross-border ecommerce platform

N'da

Ren

et al. 2023

PLoS ONE

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Despite the growing impact of smartphone use on countries’ economies, the literature has rarely investigated the link between economic context and smartphone purchase trends. Based on 20,556 smartphones sold from a Cross-Border E-Commerce (CBEC) platform, the study reveals that relationships between GDP per capita and Smartphone Choice Preferences (SCP) as well as Purchase Quantities (PUR) are direct and partially mediated by Price (PRI), Read-Only Memory (ROM), and Random-Access Memory (RAM). That means that the economic context highlighted by the GDP plays a substantial role in smartphone choices and purchases. The study suggests that e-sellers and smartphone brands should adapt their marketing and manufacturing strategies to the countries’ economic contexts to leverage the fearless competition in the smartphone industry.

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Testing the validity of purchasing power parity in alternative markets: Evidence from the fourier quantile unit root test

Cited by 15 publications

References 22 publications

Purchasing Power Parity Theory: A Cross-Sectional Dependence Panel Data Analysis of Sixteen Developed Countries

Purchasing Power Parity Theory: A Cross-Sectional Dependence Panel Data Analysis of Sixteen Developed Countries

The Contribution of Oil Palm Partnerships to Increased Income of Plasma Farmers: A Study at PT. Windu Nabatindo Lestari (WNL)

What matters for international consumers’ choice preferences for smartphones: Evidence from a cross-border ecommerce platform

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