The Balassa-Samuelson effect is usually seen as the prime explanation of the continuous real appreciation of central … apparently in favour of Balassa-Samuelson effects may require a re-interpretation. The model is estimated for a panel of CEE …

, when capital in endogenous, the Stolper-Samuelson theorem incorrectly predicts the long-run impact of a tariff n factor …

and affect movements in local price levels in ways that upset the PPP balance (the underpinning of the Harrod-Balassa-Samuelson …

Balassa-Samuelson effect is not an important driver of inflation rates. By contrast, we find that the initial price level and … environment.<P>Rattrapage économique et inflation en Europe : Balassa-Samuelson, la loi d'Engel et d'autres explications … particulier sur les nouveaux pays membres de l’Europe central et orientale. Les résultats indiquent que l’effet Balassa-Samuelson …