RDP 2015-11: Unprecedented Changes in the Terms of Trade: Online Appendix Equation (103)

i T , t = γ T I ( τ T , t I τ I , t ) 1 i t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyAamaaBa aaleaacaWGubGaaiilaiaadshaaeqaaOGaeyypa0Jaeq4SdC2aa0ba aSqaaiaadsfaaeaacaWGjbaaaOWaaeWaaeaadaWcaaqaaiabes8a0n aaDaaaleaacaWGubGaaiilaiaadshaaeaacaWGjbaaaaGcbaGaeqiX dq3aaSbaaSqaaiaadMeacaGGSaGaamiDaaqabaaaaaGccaGLOaGaay zkaaWaaWbaaSqabeaacqGHsislcaaIXaaaaOGaamyAamaaBaaaleaa caWG0baabeaaaaa@4D70@