Harrod – Balassa – Samuelson effect and the role of distribution sector: an empirical case study of Serbia and EMU
This research aims to test the functionality of the standard and the modified HBS model, with the intention to discover whether sectoral differences in labor productivity affect the dinar/euro real exchange rate. The first part of the analysis is based on the standard HBS model, which mathematically...
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Format: | Article |
Language: | deu |
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Faculty of Economics University of Rijeka
2012-06-01
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Series: | Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu |
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Online Access: | http://www.efri.hr/sites/efri.hr/files/cr-collections/2/03-petrovic-2012-1-1350652000.pdf |