RDP 2006-01: Modelling Manufactured Exports: Evidence from Australian States
Equation (7)
x
s
,
t
=
α
s
+
θ
s
z
s
,
t
+
β
s
K
t
+
∑
k
=
−
2
+
2
π
′
s
,
k
Δ
y
s
,
t
+
k
+
ε
s
,
t
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