Bulletin – March 2014 Equation (A2)

Δ s e r v i c e s t = δ 1 + δ 2 s e r v i c e s t 1 + δ 3 m t p t 1 + δ 4 r e r t 1 + i = 1 4 θ i Δ s e r v i c e s t i + j = 0 2 ϑ j Δ m t p t j + μ Δ r e r t + ϕ 1 o l y m p i c s + ϕ 2 S A R S + ϕ 3 S e p 11 + ϕ 4 t i m e t r e n d + t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeyiLdqKaam 4CaiaadwgacaWGYbGaamODaiaadMgacaWGJbGaamyzaiaadohadaWg aaWcbaGaamiDaaqabaGccqGH9aqpcqaH0oazdaWgaaWcbaGaaGymaa qabaGccqGHRaWkcqaH0oazdaWgaaWcbaGaaGOmaaqabaGccaWGZbGa amyzaiaadkhacaWG2bGaamyAaiaadogacaWGLbGaam4CamaaBaaale aacaWG0bGaeyOeI0IaaGymaaqabaGccqGHRaWkcqaH0oazdaWgaaWc baGaaG4maaqabaGccaWGTbGaamiDaiaadchadaWgaaWcbaGaamiDai abgkHiTiaaigdaaeqaaOGaey4kaSIaeqiTdq2aaSbaaSqaaiaaisda aeqaaOGaamOCaiaadwgacaWGYbWaaSbaaSqaaiaadshacqGHsislca aIXaaabeaakiabgUcaRmaaqahabaGaeqiUde3aaSbaaSqaaGqaaiaa =Lgaaeqaaaqaaiaa=LgacqGH9aqpcaaIXaaabaGaaGinaaqdcqGHri s5aOGaeyiLdqKaam4CaiaadwgacaWGYbGaamODaiaadMgacaWGJbGa amyzaiaadohadaWgaaWcbaGaamiDaiabgkHiTiaadMgaaeqaaOGaey 4kaSYaaabCaeaacqaHrpGsdaWgaaWcbaGaa8NAaaqabaaabaGaa8NA aiabg2da9iaaicdaaeaacaaIYaaaniabggHiLdGccqGHuoarcaWGTb GaamiDaiaadchadaWgaaWcbaGaa8hDaiabgkHiTiaadQgaaeqaaOGa ey4kaSIaeqiVd0MaeyiLdqKaamOCaiaadwgacaWGYbWaaSbaaSqaai aadshaaeqaaOGaey4kaSIaeqy1dy2aaSbaaSqaaiaaigdaaeqaaOGa am4BaiaadYgacaWG5bGaamyBaiaadchacaWGPbGaam4yaiaadohacq GHRaWkcqaHvpGzdaWgaaWcbaGaaGOmaaqabaGccaWGtbGaamyqaiaa dkfacaWGtbGaey4kaSIaeqy1dy2aaSbaaSqaaiaaiodaaeqaaOGaam 4uaiaadwgacaWGWbGaaGymaiaaigdacqGHRaWkcqaHvpGzdaWgaaWc baGaaGinaaqabaGccaWG0bGaamyAaiaad2gacaWGLbGaamiDaiaadk hacaWGLbGaamOBaiaadsgacqGHRaWkcqGHiiIZdaWgaaWcbaGaamiD aaqabaaaaa@BB6E@