A panel data approach to price-value correlations

Vaona, Andrea
August 2014
Empirical Economics;Aug2014, Vol. 47 Issue 1, p21
Academic Journal
Resorting to stationary and nonstationary panel data econometrics, we offer tests for 'Ricardo's 93% theory of value' for ten OECD countries over different time ranges. The theory does not find empirical support.


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