RDP 2015-11: Unprecedented Changes in the Terms of Trade: Online Appendix Equation (104)

i H , t = γ H I γ T I ( τ H , t τ T , t I ) 1 ( τ T , t I τ I , t ) 1 i t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyAamaaBa aaleaacaWGibGaaiilaiaadshaaeqaaOGaeyypa0Jaeq4SdC2aa0ba aSqaaiaadIeaaeaacaWGjbaaaOGaeq4SdC2aa0baaSqaaiaadsfaae aacaWGjbaaaOWaaeWaaeaadaWcaaqaaiabes8a0naaBaaaleaacaWG ibGaaiilaiaadshaaeqaaaGcbaGaeqiXdq3aa0baaSqaaiaadsfaca GGSaGaamiDaaqaaiaadMeaaaaaaaGccaGLOaGaayzkaaWaaWbaaSqa beaacqGHsislcaaIXaaaaOWaaeWaaeaadaWcaaqaaiabes8a0naaDa aaleaacaWGubGaaiilaiaadshaaeaacaWGjbaaaaGcbaGaeqiXdq3a aSbaaSqaaiaadMeacaGGSaGaamiDaaqabaaaaaGccaGLOaGaayzkaa WaaWbaaSqabeaacqGHsislcaaIXaaaaOGaamyAamaaBaaaleaacaWG 0baabeaaaaa@5E12@