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RDP 2010-08: Sources of Chinese Demand for Resource Commodities
Equation (3)
ln
M
i
j
t
R
=
α
i
j
+
β
1
ln
G
D
P
j
t
+
τ
1
ln
(
G
D
P
−
I
)
i
t
+
τ
2
ln
I
i
t
+
β
3
ln
p
o
p
j
t
+
β
4
ln
p
o
p
i
t
+
α
t
+
ς
i
j
t
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@7EBA@