Skip to content
RDP 2013-14: Reserves of Natural Resources in a Small Open Economy
Equation (D51)
C
t
R
t
=
[
(
1
−
α
)
1
η
c
(
C
t
n
R
t
)
η
c
−
1
η
c
+
(
α
)
1
η
c
(
C
t
o
R
t
)
η
c
−
1
η
c
]
η
c
η
c
−
1
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@7083@