On the Effects of InterSector Productivity Growth Differences on Sectorial Inflation in the Baltic States Relative to the Euro Area
The ability of the Baltic States to damp the growth of inflation might partly depend on the scale of the Balassa-Samuelson (BS) effect. In recent years, inflation was lower in the Baltic States as compared to the beginning of the transition period. This raises the question whether the BS impact on...
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Format: | Article |
Language: | English |
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Vilnius University Press
2006-12-01
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Series: | Ekonomika |
Online Access: | https://www.journals.vu.lt/ekonomika/article/view/17588 |