Balassa-Samuelson effect

noun

The tendency for consumer prices to be systematically higher in more developed countries than in less developed countries.

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Meanings

nounBalassa-Samuelson effect (plural Balassa-Samuelson effects)

plural Balassa-Samuelson effects

  1. economicsThe tendency for consumer prices to be systematically higher in more developed countries than in less developed countries.

Origin

Named after Béla Balassa and Paul Samuelson.

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Cite this entry
APA

Balassa-Samuelson effect. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/Balassa-Samuelson%20effect

MLA

“Balassa-Samuelson effect.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/Balassa-Samuelson%20effect. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “Balassa-Samuelson effect,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/Balassa-Samuelson%20effect.

Source: Balassa-Samuelson effect on Wiktionary, CC BY-SA 4.0.