Kwara State University
Saidat Olaniran
Designation: Lecturer II
Department: Statistics and Mathematical Sciences
| My Publications | ||||||||
|---|---|---|---|---|---|---|---|---|
| S/N | Title | Abstract | Authors | Volume Numbers | Publication Type | Publication Date | Link | |
| 1 | Purchasing power parity: The West African experience. |
The fifteen heads of State of the Economic Community of the West African States (ECOWAS) are currently considering a unified currency called “Eco”. This decision suggests the need to study the purchasing power parity (PPP) of the existing currency for the various countries. Thus, in this paper, we investigate the existence of the relative PPP theory over a 50 years period that spanned through 1970 to 2019 for the sixteen West African Countries against the U.S. Dollars using a panel data analysis approach. The two approaches for testing the PPP hypothesis namely; the panel unit root test and the panel cointegration test were employed to check the existence of unit root and or cointegration between the nominal exchange rate of West African countries and price ratio. | Olaniran, S. F., & Ismail, M. T. | Vol. 2423, No. 1, p. 070013 | International (Scopus) | 2021-11-18 | https://aip.scitation.org/doi/abs/10.1063/5.0075379 | |