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Abstracts

Document Cited in Related
Vincent
Date01 May 1997
Published date01 May 1997
DOIhttp://doi.org/10.1111/1468-0084.00059
OXFORD BULLETIN
OF
ECONOMICS and STATISTICS
May 1997Volume 59 No. 2
OXFORD BULLETIN OF ECONOMICS AND STATISTICS, 59, 2 (1997)
0305-9049
ABSTRACTS
Cities, Borders, Distances, Non-traded Goods and Purchasing Power
Parity
Michael A. Jenkins
Most empirical studies for the post Bretton-Woods period fail to find
evidence of a long-run Purchasing Power Parity (PPP) relationship. An
investigation into the failure of PPP is made in this study by using
disaggregated price data. This disaggregation is on two levels: location
(prices from US and Canadian cities rather than national aggregates) and
type of goods (e.g., fuel oil, a tradable commodity and local public trans-
portation, a non-tradable). This disaggregation allows for the testing of
the importance of borders (implying an exchange rate), distances, and
types of goods in the failure of PPP. The analysis conducted suggests that
both country borders and distances play a significant role. However, there
is mixed evidence concerning type of goods as an important determinant
of the failure of PPP.
Regional Migration in Spain: the Effect of Personal Characteristics and
of Unemployment, Wage and House Price Differentials using Pooled
Cross-Sections
Pablo Antolin and Olympia Bover
We present an empirical model of individual migration using time-series
of cross-sections from the Spanish Labour Force Surveys 1987–1991.
Personal characteristics not only have an important direct effect on
migration decisions but also alter the effect of regional variables. We find
199
© Blackwell Publishers Ltd, 1997. Published by Blackwell Publishers, 108 Cowley Road, Oxford
OX4 1JF, UK & 350 Main Street, Malden, MA 02148, USA.

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