Why are Services Cheaper in the Poor Countries
Bibliographic Data
| ID | 9703829 |
|---|---|
| Authors | Jagdish N Bhagwati (Columbia University, corresponding author) |
| Year | 1984 |
| Volume | 94 |
| Issue | 374 |
| Pages | 279 |
| Publication date | 1984-06-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.2307/2232350 |
| OpenAlex | W2144848536 |
| Language | EN |
| Citations received | 46 |
| References cited | 4 |
In their important work on international comparisons of national incomes and of comparative price structure, Kravis, Heston and Summers (i982, p. 8) have noted that 'services are much cheaper in the relative price structure of a typical poor country than in that of a rich country'. This phenonomen has been documented now fairly systematically by the data, gathered under their guiding hand, of the United Nations International Comparison (ICP) which covers 34 countries. Table I reproduced from their work (I982), and Fig. I based on rows 3 and II-13, indeed show this tendencyfor the relationship between relative service prices and real per capita GDP in this Kravis-Heston-Summers 34-country 6-group sample. The tendency is strongly evident except for the intermediate groups III and IV
Business · Economics · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Monetary Policy and Economic Impact
Skill Differentials and Inequality in the North
Trade Shifts and Sectoral Side‐Effects
Factor Content of Noncompeting Trade
Summary and Conclusions
Evidence from Previous Studies
Unemployment in the North
Past and Future
Policy Options for the North
Skill Differentials and Inequality in the South
Theoretical Framework
North-South Trade, Employment and Inequality
Digital transformation, price discrimination, and equity in medical tourism trade
Economic growth and real exchange rate misalignments in the European Union
Tests for Unit-Root versus Threshold Specification With an Application to the Purchasing Power Parity Relationship
Real Exchange Rates, Income per Capita, and Sectoral Input Shares
Stock Market Development and Cross-Country Differences in Relative Prices
Have Absolute Price Levels Converged for Developed Economies? The Evidence since 1870
Migration and Forsaken Schooling in Kyrgyzstan, Tajikistan, and Uzbekistan
Toward better global poverty measures
The real exchange rate and the Balassa–Samuelson hypothesis in Saarc countries
Conceptual Issues Relating to Services in the International Economy
Conceptual Issues Relating to Services in the International Economy
An exploration of the changes in the international comparison program’s global economic landscape
Purchasing power parities and Phase IV of the International Comparison Project
Measuring exchange rate misalignment
Economic policy and the relative price of services in LDCs
Note on international differences in service prices and some related empirical phenomena
Migrants in a guest-worker system
Tourism and long-term growth a Spanish perspective
Conventions and the exchange rate
Is agglomeration really good for growth? Global efficiency, interregional equity and uneven growth
Trade in Producer Services
International comparison in historical perspective
International Comparisons of Real Product, 1820–1990
The contribution of services to British economic growth, 1856–1913
The early modern great divergence
Electoral Systems and Real Prices
Majoritarian Electoral Systems and Consumer Power
Drivers of mobile broadband pricing
Lower Prices
Opening‐up labor mobility? Rising powers' rulemaking in trade agreements
Why Do States Build Walls? Political Economy, Security, and Border Stability
Ideas, interests, and institutionalization
Purchasing power parity and the equilibrium exchange rate
A Long-Term Real Appreciation as the Phenomenon of Economic Convergence
Investigando a hipótese da paridade do poder de compra
| Unique citing works | 46 |
|---|---|
| Citations per year | 1,21 |
| Citation span | 1988 - 2026 (39) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 46 |