d(log) log interpretation
Posted: Wed Apr 20, 2016 1:56 am
Hi all,
I am having trouble interpreting my panel estimation
I have the following output dlog(y)= 13.905.log(x1) - 2.097.log(x2) + e
How do I interpret the coefficients ?
is it: a 1% increase in x1 will yield 13.905% increase in y ?
I am not sure if this is correct since its is the difference of log(y)... do you have to multiply or divide it by a 100 to get the same level of % change?
I am desperate
please help me
Thank
David
I am having trouble interpreting my panel estimation
I have the following output dlog(y)= 13.905.log(x1) - 2.097.log(x2) + e
How do I interpret the coefficients ?
is it: a 1% increase in x1 will yield 13.905% increase in y ?
I am not sure if this is correct since its is the difference of log(y)... do you have to multiply or divide it by a 100 to get the same level of % change?
I am desperate
please help me
Thank
David