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The law of one price cannot be rejected: Two tests based on the tradable/nontradable price ratio
16 references·6 citing·42 second hop
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(1983)World Product and Income.Prices of Tradable and Nontradable Goods in the Demand for Total Imports (1980)Prices of Tradable and Nontra…NEW MEASURES OF PRICES AND PRODUCTIVITY FOR TRADABLE AND NONTRADABLE GOODS* (1979)NEW MEASURES OF PRICES AND PR…The Relationship Between Absolute and Relative Purchasing Power Parity (1978)The Relationship Between Abso…Some empirical evidence on commodity arbitrage and the law of one price (1978)Some empirical evidence on co…International Comparisons of Real Product and Purchasing Power (1978)International Comparisons of …Price Behavior in the Light of Balance of Payments Theories (1977)Price Behavior in the Light o…The Purchasing-Power-Parity Theory of Exchange Rates: A Review Article (Theorie de la parite des pouvoirs d'achat des taux de change: une etude) (La teoria de los tipos de cambio basados en la paridad del poder adquisitivo: Articulo de repaso) (1976)The Purchasing-Power-Parity T…The Productivity Bias in Purchasing Power Parity: An Econometric Investigation (Le biais de la productivite dans la parite des pouvoirs d'achat: etude econometrique) (El sesgo de productividad en la paridad del poder adquisitivo: Una investigacion econometrica) (1976)The Productivity Bias in Purc…How Far Can We Push The "Law of One Price"? 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this work references cited by second hop

References

  • 1986The theory and practice of econometrics4,342 cited
  • 1976How Far Can We Push The "Law of One Price"?564 cited
  • 1983World Product and Income.326 cited
  • 1976The Purchasing-Power-Parity Theory of Exchange Rates: A Review Article (Theorie de la parite des pouvoirs d'achat des taux de change: une etude) (La teoria de los tipos de cambio basados en la paridad del poder adquisitivo: Articulo de repaso)325 cited
  • 1978Some empirical evidence on commodity arbitrage and the law of one price296 cited
  • 1977Price Behavior in the Light of Balance of Payments Theories250 cited
  • 1976A System of International Comparisons of Gross Product and Purchasing Power231 cited
  • 1972Price Competitiveness in World Trade.149 cited
  • 1978International Comparisons of Real Product and Purchasing Power133 cited
  • 1973The Economics of Common Currencies.109 cited
  • 1976The Productivity Bias in Purchasing Power Parity: An Econometric Investigation (Le biais de la productivite dans la parite des pouvoirs d'achat: etude econometrique) (El sesgo de productividad en la paridad del poder adquisitivo: Una investigacion econometrica)81 cited
  • 2016Export Prices and the Transmission of I nflation77 cited
  • 1979NEW MEASURES OF PRICES AND PRODUCTIVITY FOR TRADABLE AND NONTRADABLE GOODS*71 cited
  • 1980Prices of Tradable and Nontradable Goods in the Demand for Total Imports

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71 cited
  • 1970The Price Mechanism and the Meaning of National Income Statistics.59 cited
  • 1978The Relationship Between Absolute and Relative Purchasing Power Parity34 cited
  • Cited by

    • 2001Chapter 17 Spatial price analysis113 cited
    • 2013Modelling the price spread between EUA and CER carbon prices64 cited
    • 2010International Steam Coal Market Integration59 cited
    • 2008Some pitfalls in testing the law of one price in commodity markets42 cited
    • 1997Testing arbitrage in newsprint imports to United Kingdom and Germany21 cited
    • 1989The national price level: Theory and estimation11 cited