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Balassa-Samuelson effect

From Wiktionary, the free dictionary

English

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Etymology

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Named after Béla Balassa and Paul Samuelson.

Noun

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Balassa-Samuelson effect (plural Balassa-Samuelson effects)

  1. (economics) The tendency for consumer prices to be systematically higher in more developed countries than in less developed countries.

See also

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Further reading

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