RDP 2015-11: Unprecedented Changes in the Terms of Trade: Online Appendix Equation (39)

N X t = P H , t C H , t * + P X , t Y X , t S t P t * Y F , t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOtaiaadI fadaWgaaWcbaGaamiDaaqabaGccqGH9aqpcaWGqbWaaSbaaSqaaiaa dIeacaGGSaGaamiDaaqabaGccaWGdbWaa0baaSqaaiaadIeacaGGSa GaamiDaaqaaiaacQcaaaGccqGHRaWkcaWGqbWaaSbaaSqaaiaadIfa caGGSaGaamiDaaqabaGccaWGzbWaaSbaaSqaaiaadIfacaGGSaGaam iDaaqabaGccqGHsislcaWGtbWaaSbaaSqaaiaadshaaeqaaOGaamiu amaaDaaaleaacaWG0baabaGaaiOkaaaakiaadMfadaWgaaWcbaGaam OraiaacYcacaWG0baabeaaaaa@52B1@