期刊名称:Ovidius University Annals: Economic Sciences Series
电子版ISSN:2393-3127
出版年度:2011
卷号:11
期号:1
语种:English
出版社:Ovidius University Press
摘要:During the catching-up process with the developed European countries,industrial productivity increased with higher rates than in services sector. The aim of the present paper is to test the influence of a growing productivity on relative prices as internal mechanism of Balassa-Samuelson Model. In reaching our purpose we used VEC methodology. Finally,we found a long-run relationship between variables and a weakly connection in the short-run.