Regression help please!!

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AEJD90
Posts: 3
Joined: Sat Apr 28, 2012 6:11 pm

Regression help please!!

Postby AEJD90 » Sat Apr 28, 2012 6:14 pm

I am doing some econometrics work aiming to build a good regression model and I was wondering is it possible to have a Lin-Log regression were only SOME of the explanitory variables are logs and the dependant variable is linear

For example PRICES regressed against LOGquality LOGsize weight value (just a made up example)

vtov
Posts: 5
Joined: Sat Apr 21, 2012 9:47 pm

Re: Regression help please!!

Postby vtov » Sat Apr 28, 2012 10:51 pm

Yes it is possible but interpretation of coeffs might differ than what you'd expect. Say you have a model of y=0.5 log_x + e. What this means is that 1 unit increase of y explains 0.5% increase of x. But I might be wrong. Check J Woolridge (2002)

AEJD90
Posts: 3
Joined: Sat Apr 28, 2012 6:11 pm

Re: Regression help please!!

Postby AEJD90 » Sun Apr 29, 2012 7:30 am

Ok I shall have a look. Thanks for the reply!!


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