# Balassa-Samuelson effect

> English word · Noun

## Definitions
1. The tendency for consumer prices to be systematically higher in more developed countries than in less developed countries.

## Etymology
Named after Béla Balassa and Paul Samuelson.

## Source
Compiled from Wiktionary via kaikki.org (CC BY-SA). Data vintage: 2026-05-06.
Canonical page: https://plainspell.com/en/word/balassa-samuelson-effect