A COMPARISON OF CONVERGENCE IN GOOD PRICES WITH THAT OF SERVICE PRICES ACROSS IRANIAN PROVINCES

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KAZEROUNI ALIREZA; ASGHARPOUR HOSSEIN; REZAEI KHADIJE

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Journal: Journal of Economic Research Year:2014 | Volume:49 | Issue:3 Page(s): 599-620

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Information Journal Paper

Title

A COMPARISON OF CONVERGENCE IN GOOD PRICES WITH THAT OF SERVICE PRICES ACROSS IRANIAN PROVINCES

Author(s)

KAZEROUNI ALIREZA | ASGHARPOUR HOSSEIN | REZAEI KHADIJE | Issue Writer Certificate

Keywords

CONVERGENCE SPEEDQ1

IRANIAN PROVINCESQ2

LAW OF ONE PRICEQ3

PAIR-WISE APPROACHQ3

PRICE-LEVEL CONVERGENCEQ2

Abstract

The main purpose of this paper is to examine the convergence of price-levels of tradable goods in comparison to that of services (non-tradable) under the free trade among IRANIAN PROVINCES over 2007- 2012. This comparison has been achieved by applying the PAIR-WISE APPROACH which has been recently developed by Pesaran (2005). In this approach, the time series models (ADF, DF-GLS and KPSS unit root tests) has been used. The empirical results confirm the hypothesis that the convergence of good prices is more than that of service prices. Also, the empirical results indicate that the average speed of convergence in price of goods in converged paired provinces is higher than the price of services.

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APA: Copy

KAZEROUNI, ALIREZA, ASGHARPOUR, HOSSEIN, & REZAEI, KHADIJE. (2014). A COMPARISON OF CONVERGENCE IN GOOD PRICES WITH THAT OF SERVICE PRICES ACROSS IRANIAN PROVINCES. TAHGHIGHAT-E-EGHTESADI, 49(3), 599-620. SID. https://sid.ir/paper/11739/en

Vancouver: Copy

KAZEROUNI ALIREZA, ASGHARPOUR HOSSEIN, REZAEI KHADIJE. A COMPARISON OF CONVERGENCE IN GOOD PRICES WITH THAT OF SERVICE PRICES ACROSS IRANIAN PROVINCES. TAHGHIGHAT-E-EGHTESADI[Internet]. 2014;49(3):599-620. Available from: https://sid.ir/paper/11739/en

IEEE: Copy

ALIREZA KAZEROUNI, HOSSEIN ASGHARPOUR, and KHADIJE REZAEI, “A COMPARISON OF CONVERGENCE IN GOOD PRICES WITH THAT OF SERVICE PRICES ACROSS IRANIAN PROVINCES,” TAHGHIGHAT-E-EGHTESADI, vol. 49, no. 3, pp. 599–620, 2014, [Online]. Available: https://sid.ir/paper/11739/en

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