@techreport{20.500.12134/5270, author = {Rowland, Peter}, author = {Oliveros, Hugo}, year = {2003}, month = {6}, url = {https://repositorio.banrep.gov.co/handle/20.500.12134/5270}, abstract = {This paper tests for purchasing power parity (PPP) between Colombia and its main trading partners using the Johansen framework of multivariate cointegration. The tests shows that PPP does not hold in the strong sense, but a clear purchasing power relation}, publisher = {Banco de la República}, booktitle = {Borradores de Economía}, volume = {Borradores de Economía; No. 252}, title = {Colombian purchasing power parity analysed using a framework of multivariate cointegration}, keywords = {Multivariate cointegration}, doi = {https://doi.org/10.32468/be.252}, }