García-Solanes, José; Sancho-Portero, F. Israel; … - In: Economic Systems 32 (2008) 1, pp. 17-32
This paper analyses the Balassa and Samuelson hypothesis in two groups of countries: six new member states (NMSs) of the EU and six old member states (OMSs) not affected by the transition problems. We find that in the NMS group, the model may be successfully enlarged with variables that account...
