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Equation 2 · Part 1 · Selection Accounting: The Price Equation Runs the Economy

Symbol z_i

ziz_i
ziz_i

What this part means

ziz_i is a part of this expression. Its role is fixed by the surrounding article and by the operations shown in the formula.

Its job in the formula

ziz_i is a part of this expression. Its role is fixed by the surrounding article and by the operations shown in the formula.

The passage around this formula

Price’s identity, applied to firms with market shares sis_i and log-productivity values ziz_i , reads:

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Learn the underlying idea

A subscript is a label attached below a symbol. It often selects a time step, component, category, or member of a sequence.

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Sources cited in the article section

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