Journal article
Productivity bias hypothesis: evidence from South Asia
Applied Economics Letters, Vol.22(17), pp.1389-1394
2015
Abstract
Most existing studies have attempted to test the productivity bias hypothesis by making use of the cross-section data. This article utilizes countrylevel time series data from PennWorld Tables to examine the productivity bias hypothesis for five South Asian economies (namely, Bangladesh, India, Nepal, Pakistan and Sri Lanka). We make use of Johansen's cointegration approach and vector error correction modelling. The empirical analysis presented in this article shows that purchasing power parity theory holds for all countries considered. However, the productivity bias hypothesis appears to hold only in the case of Bangladesh and Nepal.
Details
- Title
- Productivity bias hypothesis: evidence from South Asia
- Authors
- Sajid Anwar (Author) - University of the Sunshine Coast - Faculty of Arts and BusinessSyed Zahid Ali (Author) - Lahore University of Management Sciences, Pakistan
- Publication details
- Applied Economics Letters, Vol.22(17), pp.1389-1394
- Publisher
- Routledge
- Date published
- 2015
- DOI
- 10.1080/13504851.2015.1034832
- ISSN
- 1350-4851
- Copyright note
- Copyright © 2015 The Author. This is an Author's Accepted Manuscript of an article published in Applied Economics Letters 2015, available online: http://www.tandfonline.com/10.1080/13504851.2015.1034832
- Organisation Unit
- School of Business and Creative Industries; Indigenous and Transcultural Research Centre; University of the Sunshine Coast, Queensland; USC Business School - Legacy
- Language
- English
- Record Identifier
- 99449120202621
- Output Type
- Journal article
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