EXAMINING THE PRODUCTIVITY BIAS HYPOTHESIS FOR NEXT 11 COUNTRIES
One of the reasons of deviation from Purchasing Power Parity is the Productivity Bias Hypothesis (PBH) that is also known as Balassa-Samuelson Hypothesis which is based on Balassa (1964) and Samuelson (1964). Productivity Bias Hypothesis implies that productivity causes a real appreciation in curren...
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| Format: | Article |
| Language: | English |
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Selçuk University
2020-10-01
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| Series: | Sosyal Ekonomik Araştırmalar Dergisi |
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| Online Access: | https://dergipark.org.tr/tr/download/article-file/896021 |