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A panel data approach to price–value correlations

  • Andrea Vaona


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. Copyright Springer-Verlag Berlin Heidelberg 2014

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Article provided by Springer in its journal Empirical Economics.

Volume (Year): 47 (2014)
Issue (Month): 1 (August)
Pages: 21-34

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Handle: RePEc:spr:empeco:v:47:y:2014:i:1:p:21-34
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