Purchasing power parity between Botswana and South Africa: a cointegration analysis.
This paper tested the purchasing power parity hypothesis for Botswana and South Africa using cointegration analysis. The data used are the spot exchange rate between the two countries (rand and pula) and their consumer price indices.
School Location:South Africa
Source Type:Master's Thesis
Keywords:purchasing power parity foreign exchange rates south africa botswana
Date of Publication:01/01/2006