Matches in DBpedia 2016-04 for { ?s ?p "The Balassa–Samuelson effect, also known as Harrod–Balassa–Samuelson effect (Kravis and Lipsey 1983), the Ricardo–Viner–Harrod–Balassa–Samuelson–Penn–Bhagwati effect (Samuelson 1994, p. 201), productivity biased purchasing power parity (PPP) (Officer 1976) and the rule of five eights (David 1972) is either of two related things:The observation that consumer price levels in richer countries are systematically higher than in poorer ones (the \"Penn effect\").An economic model predicting the above, based on the assumption that productivity varies more by country in the traded goods' sectors than in other sectors (the Balassa–Samuelson hypothesis).This article deals with point (2): Balassa and Samuelson's causal model. For a fuller description of the fact it attempts to explain see: Penn effect."@en }
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- Balassa–Samuelson_effect abstract "The Balassa–Samuelson effect, also known as Harrod–Balassa–Samuelson effect (Kravis and Lipsey 1983), the Ricardo–Viner–Harrod–Balassa–Samuelson–Penn–Bhagwati effect (Samuelson 1994, p. 201), productivity biased purchasing power parity (PPP) (Officer 1976) and the rule of five eights (David 1972) is either of two related things:The observation that consumer price levels in richer countries are systematically higher than in poorer ones (the \"Penn effect\").An economic model predicting the above, based on the assumption that productivity varies more by country in the traded goods' sectors than in other sectors (the Balassa–Samuelson hypothesis).This article deals with point (2): Balassa and Samuelson's causal model. For a fuller description of the fact it attempts to explain see: Penn effect.".