RDP 2013-13: Inventory Investment in Australia and the Global Financial Crisis
Equation (1)
I
i
j
t
=
α
+
C
R
I
S
I
S
t
′
β
+
S
T
D
E
B
T
i
′
γ
+
S
T
D
E
B
T
i
′
C
R
I
S
I
S
t
δ
+
X
i
j
t
′
ρ
+
θ
i
+
λ
j
t
+
ε
i
j
t
︸
ν
i
j
t
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