LOG with eviews

For questions regarding the import, export and manipulation of data in EViews, including graphing and basic statistics.

Moderators: EViews Gareth, EViews Steve, EViews Moderator, EViews Jason

Mikea
Posts: 4
Joined: Tue Jun 22, 2010 11:31 am

LOG with eviews

Postby Mikea » Mon Aug 02, 2010 11:56 am

Hi

i want to make my estimations with variables in log, when i generate the variables with eviews, they are differents wih those calculated with excel...... so what is the right to use????

thanks for help..i need it to pursue my work ..please!

EViews Gareth
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Joined: Tue Sep 16, 2008 5:38 pm

Re: LOG with eviews

Postby EViews Gareth » Mon Aug 02, 2010 12:05 pm

The Log command in EViews computes the natural log. I believe in Excel it computes log to the base 10.

Mikea
Posts: 4
Joined: Tue Jun 22, 2010 11:31 am

Re: LOG with eviews

Postby Mikea » Mon Aug 02, 2010 12:10 pm

so I better use the eviews log ???

trubador
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Posts: 1520
Joined: Thu Nov 20, 2008 12:04 pm

Re: LOG with eviews

Postby trubador » Mon Aug 02, 2010 1:02 pm

It really does not matter. The ratio between these two logarithms is fixed, and therefore they do the same job. If you are planning to use EViews extensively in your study and export the results to Excel, then it will be more convenient to use the natural logarithm.

Excel's log(x) is equal to EViews' @log10(x) and
Excel's ln(x) is equal to EViews' @log(x)


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