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  • 标题:The Relationship Between Productivity and Relative Prices in Romania (Balassa-Samuelson Internal Mechanism)
  • 本地全文:下载
  • 作者:Ghiba Nicolae
  • 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.
  • 关键词:Balassa-Samuelson internal mechanism;VEC model;productivity differential;relative prices
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