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- W2000341419 abstract "This study estimates the Balassa-Samuelson effect for 7 EU countries. According to this effect, inflation differential between the tradable and the non-tradable sector can be attributed to unbalanced productivity growth between the two sectors. For the euro area this implies that countries with higher relative productivity growth in the tradable sector will suffer from higher inflation. We test the Balassa-Samuelson effect by using cointegration techniques. The empirical analysis supports the existence of a Balassa-Samuelson effect for 6 of the sample countries." @default.
- W2000341419 created "2016-06-24" @default.
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- W2000341419 date "2004-04-15" @default.
- W2000341419 modified "2023-09-23" @default.
- W2000341419 title "Inflation divergence in the euro area: the Balassa-Samuelson effect" @default.
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- W2000341419 doi "https://doi.org/10.1080/1350485042000221634" @default.
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