Balassa–Samuelson Effect

The Balassa-Samuelson effect was said to be developed independently in the year 1964 by Bela Balassa and Paul Samuelson. The effect is already explained to have been hypothesized in the…

Averch-Johnson Effect

The 'Averch-Johnson effect' is related to the economy of the company and is named after two economists who developed a styled model depicting the rate of return in a regulated…

Accelerator Effect

The Accelerator effect is usually stated in the field of economics. This is a positive effect that is shown on any private investment in terms of its growth in the…

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