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

I t = ( 1 + z υ ) t I T , t γ T I I N , t γ N I γ T I γ T I γ N I γ N I T , t = I H , t γ H I I F , t γ F I γ H I γ H γ F I γ F MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacaWGjb WaaSbaaSqaaiaadshaaeqaaOGaeyypa0ZaaeWaaeaacaaIXaGaey4k aSIaamOEamaaBaaaleaacqaHfpqDaeqaaaGccaGLOaGaayzkaaWaaW baaSqabeaacaWG0baaaOWaaSaaaeaacaWGjbWaa0baaSqaaiaadsfa caGGSaGaamiDaaqaaiabeo7aNnaaDaaameaacaWGubaabaGaamysaa aaaaGccaWGjbWaa0baaSqaaiaad6eacaGGSaGaamiDaaqaaiabeo7a NnaaDaaameaacaWGobaabaGaamysaaaaaaaakeaacqaHZoWzdaqhaa WcbaGaamivaaqaaiaadMeaaaGcdaahaaWcbeqaaiabeo7aNnaaDaaa meaacaWGubaabaGaamysaaaaaaGccqaHZoWzdaqhaaWcbaGaamOtaa qaaiaadMeaaaGcdaahaaWcbeqaaiabeo7aNnaaBaaameaacaWGobaa beaaaaaaaaGcbaGaamysamaaBaaaleaacaWGubGaaiilaiaadshaae qaaOGaeyypa0ZaaSaaaeaacaWGjbWaa0baaSqaaiaadIeacaGGSaGa amiDaaqaaiabeo7aNnaaDaaameaacaWGibaabaGaamysaaaaaaGcca WGjbWaa0baaSqaaiaadAeacaGGSaGaamiDaaqaaiabeo7aNnaaDaaa meaacaWGgbaabaGaamysaaaaaaaakeaacqaHZoWzdaqhaaWcbaGaam isaaqaaiaadMeaaaGcdaahaaWcbeqaaiabeo7aNnaaCaaameqabaGa amisaaaaaaGccqaHZoWzdaqhaaWcbaGaamOraaqaaiaadMeaaaGcda ahaaWcbeqaaiabeo7aNnaaBaaameaacaWGgbaabeaaaaaaaaaaaa@7AF4@