K N E X T I N D E X r , t = ( T r a d e I n d e x r , t + 2 ∗ I n v I n d e x r , t ) / 2 {\displaystyle KNEXTINDEX_{r,t}=(TradeIndex_{r,t}+2*InvIndex_{r,t})/2}
T r a d e I n d e x r , t = l o g X R P A r , t + M R P A r , t G D P P O T r , t / l o g 1000 {\displaystyle TradeIndex_{r,t}=log{\frac {XRPA_{r,t}+MRPA_{r,t}}{GDPPOT_{r,t}}}/log1000}
<math>InvIndex_{r,t}=log\frac{XFDISTOCK_{r,t}+XFDISTOUT_{r,t}}{GDPPOT_{r,t}}/log500