RDP 8501: Neoclassical Theory and Australian Business Investment: A Reappraisal
Equation (13)
log
(
x
K
p
I
/
p
)
=
γ
0
λ
3
+
γ
1
λ
3
r
K
+
γ
2
λ
3
r
M
+
γ
3
λ
3
r
B
+
γ
4
λ
3
log
y
+
γ
5
λ
3
log
(
W
/
p
)
+
γ
6
λ
3
t
+
(
1
−
λ
3
)
log
(
x
K
p
I
/
p
)
−
1
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