教師資料查詢 | 類別: 期刊論文 | 教師: 葉志權 YEH CHIH CHUAN (瀏覽個人網頁)

標題:Price level convergence across cities? Evidence from panel unit root tests
學年98
學期2
出版(發表)日期2010/07/01
作品名稱Price level convergence across cities? Evidence from panel unit root tests
作品名稱(其他語言)
著者Huang, Ho-Chuan; Lin, Pei-Chien; Yeh, Chih-Chuan
單位淡江大學財務金融學系; 淡江大學產業經濟學系
出版者London: Chapman &; Hall
著錄名稱、卷期、頁數Applied Economics Letters 18(1), pp.87-93
摘要This article empirically tests for convergence in Consumer Price Indices (CPIs) across 17 major cities in the United States over the period 1918 to 2008. Although the conventional panel unit root tests generally fail to reject the null hypothesis of nonstationarity, the panel LM tests of Im et al. (2005), by taking the presence of structural breaks into account, find overwhelming evidence in support of the hypothesis of price convergence The main finding is confirmed even when we consider both the structural changes and the cross-sectional dependence by using the recent advanced panel unit root approach of Bai and Carrion-i-Silvestre (2009).
關鍵字
語言英文
ISSN1350-4851; 1466-4291
期刊性質國外
收錄於SSCI
產學合作
通訊作者Yeh, Chih-chuan
審稿制度
國別英國
公開徵稿
出版型式紙本;電子版
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