RDP 2005-12: Financial Constraints, the User Cost of Capital and Corporate Investment in Australia Equation (9)

\frac{I_{i, t}}{K_{i, t - 1}} = β Q_{i, t - 1} + θ (\frac{C F_{i, t}}{K_{i, t - 1}}) + \sum_{j = 1}^{T - 1} λ_{j} d_{j} + η_{i} + ν_{i t}