The implications of Pricing to Market based Based on whether Whether Purchasing Power Parity holding Holding in China
- DOI
- 10.2991/aebmr.k.191217.158How to use a DOI?
- Keywords
- Pricing to market, Purchasing power parity, China
- Abstract
This paper summarizes the results of Pricing to Market (PTM) and whether purchasing power parity(PPP) theory is established under PTM and takes China as an example for analysis. The impact may vary from country to country, depending on the degree to which PTM and purchasing power parity are held. In terms of specific circumstances, China, with a relatively strong PTM, will not experience frequent exchange rate fluctuations and is expected to improve its market mechanism and optimize the welfare of all business participants with PPP holding in China. However, how to use empirical data to measure the degree of PTM remains to be focus of the next stage.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Xinzhan Liu AU - Bin Tang PY - 2019 DA - 2019/12/20 TI - The implications of Pricing to Market based Based on whether Whether Purchasing Power Parity holding Holding in China BT - Proceedings of the 2019 International Conference on Economic Management and Cultural Industry (ICEMCI 2019) PB - Atlantis Press SP - 921 EP - 924 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.191217.158 DO - 10.2991/aebmr.k.191217.158 ID - Liu2019 ER -