Balassa-Samuelson effect/Definition: Difference between revisions
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imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> A tendency for productivity increases in the traded sector to lead to a rise in the relative price of nontradables.) |
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Latest revision as of 16:36, 11 February 2011
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Balassa-Samuelson effect [r]: A tendency for productivity increases in the traded sector to lead to a rise in the relative price of nontradables.