RDP 2007-04: Productivity Growth: The Effect of Market Regulations
Equation (A1)
Δ
t
f
p
i
t
=
ln
(
Y
i
t
Y
i
t
−
1
)
−
1
2
(
α
i
t
+
α
i
t
−
1
)
ln
(
L
i
t
L
i
t
−
1
)
−
(
1
−
1
2
(
α
i
t
+
α
i
t
−
1
)
)
ln
(
K
i
t
K
i
t
−
1
)
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