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- W2088609468 abstract "Abstract. Productivity differentials among countries are said to be one of the major sources that contribute to the deviation of the Purchasing Power Parity-based exchange rate from the equilibrium rate, hence the productivity bias hypothesis. Prior to last review article on the productivity bias hypothesis in 1976, almost all studies relied upon cross-sectional regression analysis. Since then, two groups of empirical studies have emerged. While one group has employed time-series data, the other one has used panel data. These two later groups have provided more support to the hypothesis than the earlier cross-sectional studies. This paper reviews and criticizes each group separately and provides tables that summarize main features of each study." @default.
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- W2088609468 date "2005-09-01" @default.
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- W2088609468 title "Productivity Bias Hypothesis and The Purchasing Power Parity: a review article" @default.
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- W2088609468 doi "https://doi.org/10.1111/j.0950-0804.2005.00261.x" @default.
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