RDP 9211: Dividends and Taxation: A Preliminary Investigation Equation (1)

D * i,t = δ i +ϕ X i,t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiramaaCa aaleqabaGaaeOkaaaakmaaBaaaleaacaqGPbGaaeilaiaabshaaeqa aOGaeyypa0JaaeiTdmaaBaaaleaacaqGPbaabeaakiabgUcaRiabew 9aMjaabIfadaWgaaWcbaGaaeyAaiaabYcacaqG0baabeaaaaa@440E@