RDP 9705: The Response of the Current Account to Terms of Trade Shocks: A Panel-data Study
Equation (11)
Δ
T
O
T
i
t
=
c
i
+
∑
j
=
1
3
θ
i
j
Δ
T
O
T
i
t
−
j
+
υ
i
t
,
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