Market efficiency, purchasing power parity, and black markets: Evidence from latin american countries

1986 ◽  
Vol 122 (2) ◽  
pp. 313-326 ◽  
Author(s):  
Peter E. Koveos ◽  
Bruce Seifert
Keyword(s):  
Market Efficiency ◽  
Latin American ◽  
Purchasing Power Parity ◽  
Purchasing Power ◽  
Power Parity ◽  
Black Markets ◽  
Latin American Countries

REVISITING PURCHASING POWER PARITY FOR 15 LATIN AMERICAN COUNTRIES: THRESHOLD UNIT ROOT TEST

2011 ◽  
Vol 18 (2) ◽  
pp. 165-174 ◽  
Author(s):  
Lu Yang-Cheng ◽  
Chang Tsangyao ◽  
Lee Chia-Hao ◽  
Su Chi-Wei
Keyword(s):  
Latin American ◽  
Purchasing Power Parity ◽  
Unit Root ◽  
Unit Root Test ◽  
Purchasing Power ◽  
Power Parity ◽  
Latin American Countries

scholarly journals Purchasing Power Parity Principle in Latin American Countries

2018 ◽  
Vol 13 (3) ◽  
pp. 461-477
Author(s):  
Domingo Rodríguez-Benavides ◽  
◽  
José Antonio Climent-Hernández ◽  
Luis Fernando Hoyos-Reyes
Keyword(s):  
Latin American ◽  
Purchasing Power Parity ◽  
Purchasing Power ◽  
Power Parity ◽  
Parity Principle ◽  
Latin American Countries

scholarly journals Availability of biological cancer drugs under research: registration and price in Brazil, Colombia, and Mexico

2020 ◽  
Vol 30 (4) ◽  
Author(s):  
Gabriela Bittencourt Gonzalez Mosegui ◽  
Fernando Antõnanzas Villar
Keyword(s):  
Latin American ◽  
Purchasing Power Parity ◽  
The United States ◽  
Cancer Drug ◽  
Regulatory Agencies ◽  
Purchasing Power ◽  
Power Parity ◽  
Drug Access ◽  
The Usa ◽  
Latin American Countries

Abstract This study seeks to understand biological cancer drug availability through registration and prices of the biological agents used for cancer therapy and authorized for sale in the last 5 years in Brazil, Colombia, and Mexico, comparing the data to those for the United States of America (USA) and Spain. The regulatory agencies’ websites were assessed for drugs registered between January 1, 2014, and February 20, 2019. Drug prices were sought in the clerical databases. Prices were also compared using purchasing power parity (PPP). The comparison between the purchasing power (PP) of the three Latin American countries is hampered by market heterogeneity and uncertainty in the data. There is no registration synchronization. The average difference between the launch time in the USA and in the other countries is 1.6 to 2.6 years. The USA has the lowest PPP values, compared to the Latin American countries studied, but higher prices. Differences in registration time reveal issues in drug access in the Latin American countries studied or a lack of equity between countries. The economic effort that these countries make to have access to these supplies is much higher than that of the USA and Spain.

scholarly journals Purchasing Power Parity Principle in Latin American Countries

2018 ◽  
Vol 13 (3) ◽  
pp. 461-477
Author(s):  
Domingo Rodríguez-Benavides ◽  
◽  
José Antonio Climent-Hernández ◽  
Luis Fernando Hoyos-Reyes
Keyword(s):  
Latin American ◽  
Purchasing Power Parity ◽  
Purchasing Power ◽  
Power Parity ◽  
Parity Principle ◽  
Latin American Countries

scholarly journals Exchange rates, market efficiency and purchasing power parity: Long-run tests for the Latin American currencies

2009 ◽  
Vol 36 (141) ◽  
Author(s):  
ALEJANDRA CABELLO ◽  
RAÚL DE JESÚS ◽  
ROBERT JOHNSON ◽  
EDGAR ORTÍZ
Keyword(s):  
Exchange Rates ◽  
Market Efficiency ◽  
Latin American ◽  
Purchasing Power Parity ◽  
Purchasing Power ◽  
Power Parity ◽  
Long Run

En mercados eficientes, los precios corrientes reflejan toda la información disponible. Los precios pasados no contienen ninguna información útil para predecir precios futuros y realizar ganancias extraordinarias. Este principio, hipótesis débil de la eficiencia informativa de los mercados, ha sido incorporado a la teoría de la paridad del poder adquisitivo (PPA), a fin de sobreponer sus limitaciones en el análisis intertemporal del ajuste de los tipos de cambio a las tendencias inflacionarias. En general, estudios de mercados de divisas de los países desarrollados validan su eficiencia; sin embargo, la investigación para el caso de los países en vías de desarrollo es limitada. En este trabajo se analiza la eficiencia de los mercados de divisas de 15 países latinoamericanos para el periodo 1970-2000. Basándose en el modelo ampliado de PPA, se aplican dos modelos de análisis de regresión y uno de raíz unitaria.

scholarly journals On the Purchasing Power Parity for Latin-American Countries

2009 ◽  
Vol 12 (1) ◽  
pp. 33-54 ◽  
Author(s):  
Jose Angelo Divino ◽  
Vladimir Kuhl Teles ◽  
Joaquim Pinto de Andrade
Keyword(s):  
Latin American ◽  
Purchasing Power Parity ◽  
Purchasing Power ◽  
Power Parity ◽  
Latin American Countries
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