Study reveals GDP and inflation positively impact purchasing power parity in Japan
The article examines how different economic factors affect purchasing power parity in Japan. The researchers looked at data from 1980 to 2016 and found that gross domestic product and inflation rate have a positive impact on purchasing power parity. However, the real exchange rate was found to have a negative relationship with purchasing power parity. The study used statistical analysis to explore these relationships and found that macroeconomic variables do indeed influence purchasing power parity in Japan.