Question: When regressing In(y) on In(x), the regression coefficient measures the marginal impact of x on y the percentage change in y given a unit change

 When regressing In(y) on In(x), the regression coefficient measures the marginal

When regressing In(y) on In(x), the regression coefficient measures the marginal impact of x on y the percentage change in y given a unit change in x the percentage change in y due to a percentage change in x the marginal impact of a percentage change in x on y

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!