Bragoudakis, Zacharias; Moschos, Demetrios - In: Ekonomia 4 (2000) 2, pp. 142-155
This paper investigates empirically the long-run linkages between sectoral relative prices and labor productivities implied by the Balassa (1964) ans Samuelson (1964) framework. The role of wage non-homogeneity across sectors is explored by incorporating sectoral wages into the analysis.The...