Question: Write down the equation for the econometric model you estimated in question 3 (label it eq.1). What is your interpretation of the parameter on usual

Write down the equation for the econometric model you estimated in question 3 (label it eq.1). What is your interpretation of the parameter on usual hours worked? Aside from logging, what other functional form(s) might you wish to consider when estimating the relationship between hours worked and vegetable consumption? Explain and write out a new equation to show your new model. (label it eq.2)

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 Economics Questions!