International Economics

<< N°161

  N°161  
Issue Q1 2020  
Measuring the Balassa-Samuelson effect: A guidance note on the RPROD database  
Cécile Couharde
Anne-Laure Delatte
Carl Grekou
Valérie Mignon
Florian Morvillier
 
This guidance note outlines the construction and contents of RPROD. This new database developed by CEPII complements the EQCHANGE database, by providing additional measures of the Balassa-Samuelson effect. RPROD delivers the following indicators computed for each country included in the database, and relative to its main trading partners: (i) GDP per capita, (ii) labor productivity, (iii) consumer-price-to-producer-price ratio, (iv) three-sectors’ value-added deflator, and (v) six-sectors' value-added deflator. These different measures are publicly available (https://www.cepii.fr/CEPII/fr/bdd_modele/presentation.asp?id=34), with the aim to contribute to the investigation of the Balassa-Samuelson hypothesis, and to the comparison of estimated equilibrium real exchange rates and currency misalignments across alternative proxies of this effect. Abstract

   
Balassa-Samuelson ; Relative productivity ; Tradables ; Non-tradables ; Keywords
F31 ; F41 ; JEL classification
Order form