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RDP 2004-09: Co-Movement of Australian State Business Cycles
Equation (9)
[
x
n
t
X
t
]
=
[
ρ
0
0
Φ
]
[
x
n
t
−
1
X
t
−
1
]
+
[
η
t
ε
t
]
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaamWaaeaafa qabeGabaaabaGaamiEamaaBaaaleaacaWGUbGaamiDaaqabaaakeaa caWGybWaaSbaaSqaaiaadshaaeqaaaaaaOGaay5waiaaw2faaiabg2 da9maadmaabaqbaeqabiGaaaqaaiabeg8aYbqaaiabes7aKnaaDaaa leaacaaIYaaabaGaam4CaaaaaOqaaiaaicdaaeaacqqHMoGraaaaca GLBbGaayzxaaWaamWaaeaafaqabeGabaaabaGaamiEamaaBaaaleaa caWGUbGaamiDaiabgkHiTiaaigdaaeqaaaGcbaGaamiwamaaBaaale aacaWG0bGaeyOeI0IaaGymaaqabaaaaaGccaGLBbGaayzxaaGaey4k aSYaamWaaeaafaqabeGabaaabaGaeq4TdG2aaSbaaSqaaiaadshaae qaaaGcbaGaeqyTdu2aaSbaaSqaaiaadshaaeqaaaaaaOGaay5waiaa w2faaaaa@5AB8@