Gerschenkron effect

noun

The theory that changing the base year for an index determines the growth rate of the index.

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Meanings

nounGerschenkron effect (plural Gerschenkron effects)

plural Gerschenkron effects

  1. economicsThe theory that changing the base year for an index determines the growth rate of the index.

Origin

Named after Alexander Gerschenkron who developed the idea.

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Cite this entry
APA

Gerschenkron effect. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/Gerschenkron%20effect

MLA

“Gerschenkron effect.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/Gerschenkron%20effect. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “Gerschenkron effect,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/Gerschenkron%20effect.

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