# Penn effect

> economic effect that real income ratios between high and low income countries are systematically exaggerated by GDP conversion at market exchange rates

**Wikidata**: [Q5054271](https://www.wikidata.org/wiki/Q5054271)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Penn_effect)  
**Source**: https://4ort.xyz/entity/penn-effect