An Empirical Analysis of Purchasing Power Parity: A Case Study of Two Anglophone Ecowas Members
📄 Project Abstract
This paper tests the validity of Purchasing Power Parity (PPP) hypothesis for two Anglophone ECOWAS members, Nigeria and Ghana. The researcher tested the relative PPP equation. It also employed the ADF univariate Unit Root test for the stationarity of the exchange rates of each of the countries. Exchange rates and CPIs data for all countries were collected on annual basis for the period between 1970 and 2005. The results show the non-rejection of the null hypothesis of the failure of PPP for both countries. The results of the unit root tests show that exchange rates of both countries follow mean reversion. Their respective exchange rates and inflation d~flerentialsw ere found to be stationary at the same order of integration. Consequently in both cases, cointegration is suspected, though this study did not investigate the evidence of . ,, , "1. ,t. . .,a . cointegration because even if it exists, evidence of long-run relationship between NIGH and NIGINF, GHANH and GHANINF is provided. ...
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- ✅ Literature Review & Theoretical Framework
- ✅ Research Methodology & Data Collection
- ✅ Data Analysis & Statistical Methods
- ✅ Findings & Results Discussion
- ✅ Recommendations & Conclusions
- ✅ References & Bibliography
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- Problem Statement & Objectives
- Theoretical Framework & Related Studies
- Data Collection & Analysis Methods
- Findings & Statistical Analysis
- Recommendations & Future Research
- Questionnaires, Data, References
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An Empirical Analysis of Purchasing Power Parity: A Case Study of Two Anglophone Ecowas Members
Full Citation:
OGUANOBI, Chibuike R.. (). An Empirical Analysis of Purchasing Power Parity: A Case Study of Two Anglophone Ecowas Members. African and General Studies, 40, 14858.
Citation Formats:
APA
OGUANOBI, Chibuike R.. (). An Empirical Analysis of Purchasing Power Parity: A Case Study of Two Anglophone Ecowas Members. African and General Studies, 40, 14858.
MLA
OGUANOBI, Chibuike R.. "An Empirical Analysis of Purchasing Power Parity: A Case Study of Two Anglophone Ecowas Members." African and General Studies, vol. 40, , pp. 14858.
Chicago
OGUANOBI, Chibuike R.. "An Empirical Analysis of Purchasing Power Parity: A Case Study of Two Anglophone Ecowas Members." African and General Studies 40 (): 14858.
Full Citation:
OGUANOBI, Chibuike R.. (). An Empirical Analysis of Purchasing Power Parity: A Case Study of Two Anglophone Ecowas Members. African and General Studies, 40, 14858.
Citation Formats:
APA
OGUANOBI, Chibuike R.. (). An Empirical Analysis of Purchasing Power Parity: A Case Study of Two Anglophone Ecowas Members. African and General Studies, 40, 14858.
MLA
OGUANOBI, Chibuike R.. "An Empirical Analysis of Purchasing Power Parity: A Case Study of Two Anglophone Ecowas Members." African and General Studies, vol. 40, , pp. 14858.
Chicago
OGUANOBI, Chibuike R.. "An Empirical Analysis of Purchasing Power Parity: A Case Study of Two Anglophone Ecowas Members." African and General Studies 40 (): 14858.
Document Details
| Author | OGUANOBI, Chibuike R. |
|---|---|
| 📁 Field | Economics Project Topics |
| 🏷️ Type | Social Sciences project topics |
| Pages | 61 Pages |
| Words | 12718 words |
| 📘 Chapters | 1 to 5 Chapters |