Among the studies about real exchange transition trend during a country's high growth period, "Balassa-Samuelson effect" is the most influent theory from the standpoint of labor productivity factor.

在对经济的高速增长时期实际汇率变动态势的研究中，从劳动生产率因素出发的“巴拉萨·萨缪尔森效应”是最具影响力的理论。

youdao

Currently in our country, the growth of real estate marketing is not good, the operation and the research of theory are not mature.

我国当前房地产营销的水平还比较低，营销操作和理论研究还不成熟。

youdao

This is exactly what economic theory would predict: countries with faster productivity growth in the traded-goods sector should see rising real exchange rates.

ECONOMIST: Currencies