请问什么是佩恩（penn）效应？

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请问什么是佩恩（penn）效应？

文章里原话是：Our “fundamental” PPP real exchange rate is defined as the fitted value from the regression of
national price levels on the per worker income relative to the United States for nearly 150
countries, motivated by the classic Penn effect。

谢谢。

PS：PPP是购买力平价。

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关键词：Pen Fundamental Fundamenta regression motivated 效应 Penn 佩恩

The Penn effect is the economic finding that real income ratios between high and low income countries are systematically exaggerated by GDP conversion at market exchange rates. It has been a consistent econometric result for at least fifty years.