Explain briefly what is meant by a. Log-log model b. Log-lin model c. Lin-log model d. Elasticity

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Explain briefly what is meant by
a. Log-log model
b. Log-lin model
c. Lin-log model
d. Elasticity coefficient
e. Elasticity at mean value

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Essentials of Econometrics

ISBN: 978-0073375847

4th edition

Authors: Damodar Gujarati, Dawn Porter

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Question Posted: Apr 12, 2016 07:25 AM

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Explain briefly what is meant by a. Log-log model b. Log-lin model c. Lin-log model d. Elasticity

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a In a loglog model the dependent and all explanatory variables are in the logarithmic form ...View the full answer

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