RDP 2013-14: Reserves of Natural Resources in a Small Open Economy
Equation (D51)
C
t
R
t
=
[
(
1
−
α
)
1
η
c
(
C
t
n
R
t
)
η
c
−
1
η
c
+
(
α
)
1
η
c
(
C
t
o
R
t
)
η
c
−
1
η
c
]
η
c
η
c
−
1
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