The linkage between relative population growth and purchasing power parity (original) (raw)

International Journal of Development Issues, 2011

Abstract

Purpose – The aim of this paper is to examine the relationship between relative population growth and purchasing power parity (PPP) exchange rate for a panel of 80 countries. Design/methodology/approach – Panel unit root and panel cointegration tests have been used to investigate the above relationship over the period of 1951-2000. Findings – The empirical results show that there is

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