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RDP 2014-12: A State-space Approach to Australian GDP Measurement
Equation (3)
ζ
=
V
ar
(
Δ
y
t
)
V
ar
(
Δ
y
t
E
)
=
1
1
−
ρ
2
σ
G
2
1
−
1
−
ρ
2
σ
G
2
+
2
σ
G
E
+
σ
E
2
=
0.5.
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