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When regressing ln(y) on ln(x), the regression coefficient measures (a) the marginal impact of x on y (b) the percentage change in y given a
When regressing ln(y) on ln(x), the regression coefficient measures (a) the marginal impact of x on y (b) the percentage change in y given a unit change in x (c) the percentage change in y due to a percentage change in x (d) the marginal impact of a percentage change in x on y
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
