2013 show evidence of the Balassa-Samuelson effect if Greece is excluded from the panel. For Greece, this in turn provides …

2013 show evidence of the Balassa-Samuelson effect if Greece is excluded from the panel. For Greece, this in turn provides …

development is often explained by the Balassa-Samuelson effect; according to the findings, however, this effect accounts for only … primarily from problems concerning the data required for the estimation of the Balassa-Samuelson effect. Thus, in interpreting …

Balassa-Samuelson effect. When total factor productivity (TFP) is faster in the industrial sector than in the non …-tradable sectors, an FERR can suppress the Balassa-Samuelson effect if adjustment of domestic prices is subject to nominal rigidities … those estimates, our econometric exercises then provide robust results that an FERR dampens the Balassa-Samuelson effect and …