the Baumol effect isn't an effect, it just describes a narrow case of the Substitution Effect. Price of beef goes up, you substitute pork and chicken, and those prices go up. You may think of yourself as a Computer Programmer but if Ditchdiggers get paid 3x as much in your area, you'd put Ditch Digging on your resume. To get you to program computers again, they'd have to pay you more.