This is the basis of the so-called “Balassa-Samuelson effect”.
这是所谓“巴拉萨-萨缪尔森效应”的基础。
2
This is because of the Balassa-Samuelson effect, named for the two economists who first explained it.
这是因为巴拉萨·塞缪尔森效应，命名为该两位经济学家谁先解释它。
3
The optimal inflation rate in an emerging economy is often higher than in the developed world because of something called the "Balassa-Samuelson effect".