A paridade do poder de compra: existe um quebra-cabeça?

Barbosa, Fernando de Holanda

doi:10.1590/s0101-41612009000300001

Estud. Econ.

2009

DOI: 10.1590/s0101-41612009000300001

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A paridade do poder de compra: existe um quebra-cabeça?

Fernando de Holanda Barbosa

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2018

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Speed of Reversion to PPP with Structural Breaks for Brazilian Cities

Bastos¹,

Arruda²,

Barbosa³

et al. 2018

IJEF

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This article analyzes the effect of introducing structural breaks in calculating the convergence speed of relative prices for Brazilian cities in the period from 1991.01 to 2016.11. Three structural break dates were endogenously chosen (1996.02, 2001.12 and 2010.10) and they represent different situations of the Brazilian economy, with impacts on intra-national relative prices. The convergence speed, measured by the half-life, declined by approximately 77% after controlling for these structural changes. The result was robust to changes in numeraire both for calculation of the half-life and estimation of the structural break dates, and indicates the importance of considering structural breaks in calculating intra-national purchasing power parity, as found in other studies.

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Speed of Reversion to PPP with Structural Breaks for Brazilian Cities

Bastos¹,

Arruda²,

Barbosa³

et al. 2018

IJEF

View full text Add to dashboard Cite

show abstract

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A paridade do poder de compra: existe um quebra-cabeça?

Abstract: Resumo

Cited by 1 publication

References 11 publications

Speed of Reversion to PPP with Structural Breaks for Brazilian Cities

Speed of Reversion to PPP with Structural Breaks for Brazilian Cities

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