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The aim of this study is to test the validity of the purchasing power parity hypothesis with the help of panel unit root tests taking into account the cross-sectional dependence as well as structural breaks for ASEAN (Indonesia, Malaysia, Thailand, Philippines, Singapore, Brunei, Vietnam, Laos, Cambodia). For this purpose, monthly data for the period 1995: 01-2017: 05 was used. According to the results of the Panel LM test which takes into account the structural breaks, it was found that the hypothesis of purchasing power parity is valid for ASEAN countries. [ABSTRACT FROM AUTHOR]

The market of women apparel is in a quite growing trend todays. So this big market has a great competition and businesses try to catch customer and get customer loyalty. But businesses should know how women make buying decision for fashion apparel products and what kinds of specific characteristics defines women in fashion apparel market. In this concept, consumer decision-making style inventory(CSI) of Kendall and Splores(1986) has been an useful tool for both businesses and academics to understand consumer's buying behavior and so determining specific sub-markets in related markets or sectors. With this study, it was purposed to determine women's decision-making styles in apparel products and get a significant sub-segments for apparel market. A survey method was used and this survey included the scale of Consumer Style Inventory(CSI) with 40-items were adapted for apparel products. Then this survey was implemented to females that visiting a big shopping mall that called as Outlet Center which was thought as one of biggest shopping areas in Kocaeli,Turkey. From distributed 500 survey forms, 390 of them was collected as suitable for analyses. Results of analyses showed that females could be segmented through consumer decision-making styles as perfect-brand lovers, hedonist-fashion keepers, confused-impulsive buyers and price keepers in female apparel market. [ABSTRACT FROM AUTHOR]