Hi,
I am graphing the evolution of the log of gdp for 4 countries. When I make the graph, it displays 4 separate horizontal lines which aren't very interesting. I was advised to use a 'level playing field' so I can compare the relative performance of these economies since the financial crisis. Does anyone have any idea of how I could do a nice comparative analysis of the evolution of log(gdp) for these 4 countries on a level playing field?
Thanks in advance!
Caillin
Graphing log of gdp "level playing field"
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startz
- Non-normality and collinearity are NOT problems!
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Re: Graphing log of gdp "level playing field"
Subtract the value of the first observation from each series. This gives you cumulative growth since the beginning of your sample.
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CharlieEVIEWS
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Re: Graphing log of gdp "level playing field"
rebase them to 2005=100 or something
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