This paper investigates the relative price and relative wage effects of a higher productivity in
the traded sector compared with the non traded sector in a two-sector open economy model …

Demographic change raises demand for non‐tradable old‐age related services relative to
tradable commodities. This demand shift increases the relative price of non‐tradables and …

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This paper studies how the fixed exchange rate regime (FERR) may promote growth when a
country experiences faster rates of productivity growth in its tradable sector than its …

This paper examines a productivity‐based explanation of the long‐run real exchange rate
movements of six Asian economies. Using industry level data, we construct total factor …

Convergence-driven inflation is an important issue from the perspective of catching-up
economies, especially those within a heterogeneous monetary union. This study contributes …

Bu çalışma, Türkiye ve en büyük ticaret ortağı olan on Avrupa Birliği Ülkesi ve NAFTA
ülkeleri için 1991-2013 yıllık verileri kullanarak “Balassa-Samuelson Hipotezi (BSH)” nin …

This paper examines the impact of externally funded trade policy reforms on firm productivity
by combining data from the International Aid Transparency Initiative and World Bank …

The large and persistent deviations of nominal exchange rates from their purchasing power
parities comprise a key stylized fact in international economics. This paper sheds light on …

Little is known about the total factor productivity of the nontradable sectors in C hina. In this
paper we estimate productivity growth of the nontradable sectors by studying the relative …