The basic aim of this paper is theoretical explanation of Purchasing Power Parity and its practical implication in the real world. The researchers tried to explain whether it holds in the real world or not, if not then what are major factors deviating its practical implication from that what th...
exchange ratePurchasing Power Parity (PPP)soybeansthreshold effectThis article presents fluctuation of exchange rate has impacts on China import unit price of soybeans trading to USA, Argentina, and Brazil. Based on yearly and monthly bilateral trade data of soybeans from 1999 to 2010, empirical ...
GDP (purchasing power parity): This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the ...
The GEPU’s positive relationship with USA’s mineral import demand (MI) is much concerned with the USA’s higher purchasing power parity (PPP) and strong currency values (exchange rate). Our findings align with findings from the cross-quantilogram (CQ) technique. Figure 9. Global economic...