This is the basis of the so-called “Balassa-Samuelson effect”.

这是所谓“巴拉萨-萨缪尔森效应”的基础。

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This is because of the Balassa-Samuelson effect, named for the two economists who first explained it.

这是因为巴拉萨·塞缪尔森效应，命名为该两位经济学家谁先解释它。

youdao

The optimal inflation rate in an emerging economy is often higher than in the developed world because of something called the "Balassa-Samuelson effect".

因为所谓的巴拉萨——萨缪尔森效应新兴国家的最佳通胀率往往要比发达国家的高。

youdao

This is because of the Balassa-Samuelson effect, named for the two economists who first explained it.

ECONOMIST: China��s economy could overtake America��s within a decade

This reflects the so-called Balassa-Samuelson effect: the prices of services in Japan have risen relative to those of goods.

ECONOMIST: Wading in the yen trap