This paper investigates the importance of the Balassa-Samuelson effect for two acceding countries (Bulgaria and Romania … assumptions of the Balassa-Samuelson effect using yearly data, and then undertakes an econometric analysis of the assumptions on …-tradables either imperfectly or in an over-proportionate manner. With these results as a background, the size of the Balassa-Samuelson …

productivity measures in transition economies within Balassa- Samuelson frameworks. This contrasts with other findings reporting … illustrate the special status of these economies in a simple world-wide Balassa-Samuelson-type price-income benchmark …. -- Balassa-Samuelson ; transition …