RDP 2006-01: Modelling Manufactured Exports: Evidence from Australian States
Equation (5)
x
s
,
t
=
α
s
+
φ
s
z
s
,
t
+
∑
i
=
1
p
δ
s
,
i
x
s
,
t
−
i
+
∑
j
=
0
q
−
1
π
′
s
,
j
Δ
z
s
,
t
−
j
+
ε
s
,
t
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