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RDP 2018-08: Econometric Perspectives on Economic Measurement
Equation (A2)
=
(
∑
t
v
I
V
(
x
t
v
w
t
v
x
t
v
′
)
)
−
1
∑
t
v
1
V
(
x
t
v
w
t
v
ln
(
p
t
v
)
)