Balassa–Samuelson effect
id:
balassa-samuelson-effect-185-6627273
title:
Balassa–Samuelson effect
text:
The Balassa–Samuelson effect, also known as Harrod–Balassa–Samuelson effect, the Ricardo–Viner–Harrod–Balassa–Samuelson–Penn–Bhagwati effect, or productivity biased purchasing power parity (PPP) is the tendency for consumer prices to be systematically higher in more developed countries than in less developed countries. This observation about the systematic differences in consumer prices is called the "Penn effect". The Balassa–Samuelson hypothesis is the proposition that this can be explained by
brand slug:
wiki
category slug:
encyclopedia
description:
Tendency for consumer prices to be systematically higher in more developed countries
original url:
https://en.wikipedia.org/wiki/Balassa%E2%80%93Samuelson_effect
date created:
2004-09-28T20:55:36Z
date modified:
2024-09-07T18:30:23Z
main entity:
{"identifier":"Q305411","url":"https://www.wikidata.org/entity/Q305411"}
image:
fields total:
13
integrity:
15