RDP 9002: Public Sector Growth and the Current Account in Australia: A Longer Run Perspective
Equation (3)
(
Y
+
L+rBP
−
r
*
D
P
−
C
−
T
−
N
−
I
−
D
V
)
−
(
G
C
+
G
i
+
r
(
B
P
+
B
f
)
+
L
−
T
)
=
(
X
−
M
−
r
*
D
P
−
r
B
f
−
N
)
+
S
D
or (S
−
I
−
DV)
−
PSBR=CA+SD
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacaGGOa GaaiywaiabgUcaRiaabYeacaqGRaGaaeOCaiaabkeacaqGqbaccaGa e8NeI0IaaeOCamaaCaaaleqabaGaaiOkaaaakiaacseacaGGqbGae8 NeI0Iaai4qaiab=jHiTiaacsfacqWFsislcaGGobGae8NeI0Iaaiys aiab=jHiTiaacseacaGGwbGaaiykaiab=jHiTiaacIcacaGGhbWaaW baaSqabeaacaqGdbaaaOGaey4kaSIaai4ramaaCaaaleqabaGaaeyA aaaakiabgUcaRiaackhacaGGOaGaaiOqaiaaccfacqGHRaWkcaGGcb WaaWbaaSqabeaacaqGMbaaaOGaaiykaiabgUcaRiaacYeacqWFsisl caGGubGaaiykaaqaaiabg2da9iaacIcacaGGybGae8NeI0Iaaiytai ab=jHiTiaackhadaahaaWcbeqaaiaacQcaaaGccaGGebGaaiiuaiab =jHiTiaackhacaGGcbWaaWbaaSqabeaacaqGMbaaaOGae8NeI0Iaai OtaiaacMcacqGHRaWkcaGGtbGaaiiraaqaaiaab+gacaqGYbGaaeii aiaabIcacaqGtbGae8NeI0Iaaeysaiab=jHiTiaabseacaqGwbGaae ykaiab=jHiTiaabcfacaqGtbGaaeOqaiaabkfacaqG9aGaae4qaiaa bgeacaqGRaGaae4uaiaabseaaaaa@7FB5@