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RDP 2018-08: Econometric Perspectives on Economic Measurement
Equation (C2)
V
*
U
v
∑
v
U
v
ln
(
p
j
v
)
−
V
*
U
v
∑
v
U
v
ln
(
p
i
v
)
=
α
j
−
α
i
+
ε
j
v
−
ε
i
v