Data in percentage form and log-lin, log-log model
Posted: Sun Sep 13, 2009 9:15 pm
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 percentage form, taking logarithm will turn them negative so i use data in levels and didnt took the natural log. My questions is can I use such model as it is a "combination of log-lin and log-log model". So can I estimate this model?
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 percentage form, taking logarithm will turn them negative so i use data in levels and didnt took the natural log. My questions is can I use such model as it is a "combination of log-lin and log-log model". So can I estimate this model?