{"id":"https://openalex.org/W1970852018","doi":"https://doi.org/10.1002/j.2325-8012.1998.tb00147.x","title":"Relative Price Determination in the Medium Run: The Influence of Wages, Productivity, and International Prices","display_name":"Relative Price Determination in the Medium Run: The Influence of Wages, Productivity, and International Prices","publication_year":1998,"publication_date":"1998-10-01","ids":{"openalex":"https://openalex.org/W1970852018","doi":"https://doi.org/10.1002/j.2325-8012.1998.tb00147.x","mag":"1970852018"},"language":"en","primary_location":{"id":"doi:10.1002/j.2325-8012.1998.tb00147.x","doi":"https://doi.org/10.1002/j.2325-8012.1998.tb00147.x","is_oa":false,"landing_page_url":"https://doi.org/10.1002/j.2325-8012.1998.tb00147.x","pdf_url":null,"source":{"id":"https://openalex.org/S16296580","display_name":"Southern Economic Journal","issn_l":"0038-4038","issn":["0038-4038","2325-8012"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Southern Economic Journal","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5008245262","display_name":"Jack Strauss","orcid":"https://orcid.org/0000-0001-7754-0468","observed_orcids":["https://orcid.org/0000-0001-7754-0468"]},"institutions":[{"id":"https://openalex.org/I47838141","display_name":"Saint Louis University","ror":"https://ror.org/01p7jjy08","country_code":"US","type":"education","lineage":["https://openalex.org/I47838141"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Jack Strauss","raw_affiliation_strings":["Department of Economics, 3674 Lindell Blvd. Saint Louis University Saint Louis MO 63108 USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, 3674 Lindell Blvd. Saint Louis University Saint Louis MO 63108 USA","institution_ids":["https://openalex.org/I47838141"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5008245262"],"corresponding_institution_ids":["https://openalex.org/I47838141"],"apc_list":{"value":3010,"currency":"USD","value_usd":3010},"apc_paid":null,"fwci":0.9761,"has_fulltext":false,"cited_by_count":16,"citation_normalized_percentile":{"value":0.85285077,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"65","issue":"2","first_page":"223","last_page":"223"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.6464999914169312,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.6464999914169312,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10128","display_name":"Global trade and economics","score":0.16850000619888306,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10393","display_name":"Economic Growth and Productivity","score":0.06300000101327896,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/balassa-samuelson-model","display_name":"Balassa-Samuelson model","score":0.9620000123977661},{"id":"https://openalex.org/keywords/wage-differentials","display_name":"wage differentials","score":0.8289999961853027},{"id":"https://openalex.org/keywords/unit-labor-costs","display_name":"unit labor costs","score":0.824999988079071},{"id":"https://openalex.org/keywords/world-prices","display_name":"international prices","score":0.6039999723434448},{"id":"https://openalex.org/keywords/purchasing-power-parity","display_name":"purchasing power parity","score":0.7839999794960022},{"id":"https://openalex.org/keywords/wage-equalization","display_name":"wage equalization","score":0.9380000233650208},{"id":"https://openalex.org/keywords/competitive-labor-market","display_name":"competitive labor market","score":0.7200000286102295},{"id":"https://openalex.org/keywords/productivity-differentials","display_name":"productivity differentials","score":0.828000009059906}],"concepts":[{"id":"https://openalex.org/C109888216","wikidata":"https://www.wikidata.org/wiki/Q82135","display_name":"Purchasing power parity","level":3,"score":0.8414291143417358},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8288319706916809},{"id":"https://openalex.org/C204983608","wikidata":"https://www.wikidata.org/wiki/Q2111958","display_name":"Productivity","level":2,"score":0.7122243642807007},{"id":"https://openalex.org/C2777388388","wikidata":"https://www.wikidata.org/wiki/Q6821213","display_name":"Wage","level":2,"score":0.601068377494812},{"id":"https://openalex.org/C185782297","wikidata":"https://www.wikidata.org/wiki/Q2142538","display_name":"Relative price","level":2,"score":0.5461739301681519},{"id":"https://openalex.org/C93226319","wikidata":"https://www.wikidata.org/wiki/Q193137","display_name":"Differential (mechanical device)","level":2,"score":0.5051875710487366},{"id":"https://openalex.org/C145236788","wikidata":"https://www.wikidata.org/wiki/Q28161","display_name":"Labour economics","level":1,"score":0.4936410188674927},{"id":"https://openalex.org/C2776542561","wikidata":"https://www.wikidata.org/wiki/Q271969","display_name":"Purchasing power","level":2,"score":0.48054367303848267},{"id":"https://openalex.org/C122637931","wikidata":"https://www.wikidata.org/wiki/Q118084","display_name":"Unit (ring theory)","level":2,"score":0.46572205424308777},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3379512429237366},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.2517527937889099},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.0942503809928894},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C145420912","wikidata":"https://www.wikidata.org/wiki/Q853077","display_name":"Mathematics education","level":1,"score":0.0},{"id":"https://openalex.org/C146978453","wikidata":"https://www.wikidata.org/wiki/Q3798668","display_name":"Aerospace engineering","level":1,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1002/j.2325-8012.1998.tb00147.x","doi":"https://doi.org/10.1002/j.2325-8012.1998.tb00147.x","is_oa":false,"landing_page_url":"https://doi.org/10.1002/j.2325-8012.1998.tb00147.x","pdf_url":null,"source":{"id":"https://openalex.org/S16296580","display_name":"Southern Economic Journal","issn_l":"0038-4038","issn":["0038-4038","2325-8012"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Southern Economic Journal","raw_type":"journal-article"},{"id":"doi:10.2307/1060665","doi":"https://doi.org/10.2307/1060665","is_oa":false,"landing_page_url":"https://doi.org/10.2307/1060665","pdf_url":null,"source":{"id":"https://openalex.org/S16296580","display_name":"Southern Economic Journal","issn_l":"0038-4038","issn":["0038-4038","2325-8012"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Southern Economic Journal","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Decent work and economic growth","score":1.0,"id":"https://metadata.un.org/sdg/8"}],"sustainable_development_goals_aurora":[{"display_name":"Decent work and economic growth","score":0.7699999809265137,"id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":29,"referenced_works":["https://openalex.org/W179021419","https://openalex.org/W1484322286","https://openalex.org/W1492417986","https://openalex.org/W1538346221","https://openalex.org/W1567886557","https://openalex.org/W1596157931","https://openalex.org/W1967962981","https://openalex.org/W1970567871","https://openalex.org/W1979099528","https://openalex.org/W1981183884","https://openalex.org/W2010293402","https://openalex.org/W2015873758","https://openalex.org/W2033371825","https://openalex.org/W2049752238","https://openalex.org/W2062467289","https://openalex.org/W2083203302","https://openalex.org/W2090235951","https://openalex.org/W2118525253","https://openalex.org/W2162752858","https://openalex.org/W2326340014","https://openalex.org/W2890554530","https://openalex.org/W2890953781","https://openalex.org/W2953965360","https://openalex.org/W3023005172","https://openalex.org/W3094609766","https://openalex.org/W3123376974","https://openalex.org/W3123896585","https://openalex.org/W3124474332","https://openalex.org/W3125931777"],"related_works":["https://openalex.org/W1979099528","https://openalex.org/W3123183334","https://openalex.org/W2326340014","https://openalex.org/W2101331208","https://openalex.org/W1486493842","https://openalex.org/W2187713665","https://openalex.org/W7099242855","https://openalex.org/W3124474332","https://openalex.org/W1654563322","https://openalex.org/W1987633949"],"abstract_inverted_index":{"This":[0],"work":[1],"explores":[2],"three":[3],"critical":[4],"assumptions":[5,33],"of":[6,73],"the":[7,13,38,41,71],"Balassa\u2010Samuelson":[8],"productivity":[9],"differential":[10],"model":[11],"for":[12,34],"short":[14],"and":[15,23,40,45,53,55,58],"medium":[16],"run:":[17],"wage":[18,44],"equalization,":[19],"competitive":[20],"labor":[21,47],"markets,":[22],"purchasing":[24],"power":[25],"parity.":[26],"The":[27,66],"data":[28],"reveal":[29],"violations":[30],"in":[31],"these":[32,59],"France,":[35],"Germany,":[36],"Japan,":[37],"U.K.,":[39],"U.S.":[42],"Significant":[43],"unit":[46],"cost":[48],"differentials":[49,60],"exist":[50],"across":[51],"industries,":[52],"traded":[54],"nontraded":[56],"sectors":[57],"do":[61],"not":[62],"diminish":[63],"over":[64],"time.":[65],"findings":[67],"are":[68],"consistent":[69],"with":[70],"presence":[72],"industry":[74],"and/or":[75],"sectoral\u2010specific":[76],"human":[77],"capital.":[78]},"counts_by_year":[{"year":2018,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":2}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2016-06-24T00:00:00"}