RDP 2018-08: Econometric Perspectives on Economic Measurement
Equation (4)
w
t
v
T
o
r
n
q
v
i
s
t
≡
1
2
(
p
1
v
q
1
v
(
∑
v
p
1
v
q
1
v
)
+
p
2
v
q
2
v
(
∑
v
p
2
v
q
2
v
)
)
≡
1
2
(
s
1
v
+
s
2
v
)