Hello everybody,
Right now I am working on the following:
I have had demand function (Cobb-Douglas-Type): M = AY^beta1 * R^beta2.
M, Y and R are variables. A is the parameter.
In turning it into a linear form I used a log. Making the regression model:
ln(M) = ln(A) + ln beta1 (Y) + ln beta 2(R)
Now, I have problems estimating this regression in eViews 4.1. Until now I entered: Log(M)=Log(C)+Log(Y)+Log(R). Whenever I try that I get the error "Index missing for coefficient c".
Generally speaking it is the first time that I use the LOG-Function in eViews and try to LOG the constant intercept.
What am I doing wrong?
Thank you for your support.
Having problems estimating a double log function
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startz
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Re: Having problems estimating a double log function
C isn't a variable.
Try
or
Try
Code: Select all
ls log(M) c log(Y) log(R)Code: Select all
ls y=c(1)*Y^c(2)*R^c(3) Re: Having problems estimating a double log function
THANK YOU MAN! Worked just fine...just as I said - it was my mistake.
thanks again.
thanks again.
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