RDP 2015-11: Unprecedented Changes in the Terms of Trade: Online Appendix Equation (48)

Y t = T H Y H , t + T N Y N , t + T X Y X , t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamywamaaBa aaleaacaWG0baabeaakiabg2da9iaadsfadaWgaaWcbaGaamisaaqa baGccaWGzbWaaSbaaSqaaiaadIeacaGGSaGaamiDaaqabaGccqGHRa WkcaWGubWaaSbaaSqaaiaad6eaaeqaaOGaamywamaaBaaaleaacaWG obGaaiilaiaadshaaeqaaOGaey4kaSIaamivamaaBaaaleaacaWGyb aabeaakiaadMfadaWgaaWcbaGaamiwaiaacYcacaWG0baabeaaaaa@4B21@