Search found 2 matches
- Sun Sep 13, 2009 9:28 pm
- Forum: Econometric Discussions
- Topic: Data in percentage form and log-lin, log-log model
- Replies: 2
- Views: 6868
Re: Data in percentage form and log-lin, log-log model
Thanks very much, but can you guide me about results interpretation. In my view, the slope coefficients (betas) of X1 and X2 are its direct elasticities, so they are easy to interpret. For X3, X4 and X5, I calculated their elasticities by multiplying the Beta (slope coefficient) with the mean value ...
- Sun Sep 13, 2009 9:15 pm
- Forum: Econometric Discussions
- Topic: Data in percentage form and log-lin, log-log model
- Replies: 2
- Views: 6868
Data in percentage form and log-lin, log-log model
I want to estimate a combination of log-lin and log-log model, which is given in the following form: lnY = b0 + b1lnX1 + b2lnX2 + b3X3 + b4X4 + b5X5 + u The data on x1 and x2 variables is in normal integar form therefore i took natural log of x1 and x2, while the data on x3, x4 and x5 is in percenta...
