Hi,
I am relatively new on STATA, so I have some questions..I am trying to estimate a model based on a cross-section, in which the dependent variable Y is log-transformed, and the independent variable X is not. I would like to draw some conclusions about the elasticity of X. Should I use the 'eyex' command, or just to log the variable X in order to directly derive the elasticity? Generally, the most commonly applied method for deriving elasticities is the 'eyex' command?
Lastly, I am trying to use the 'eyex' command after a two-part model, but the STATA mentions
Warning: cannot perform check for estimable functions.
A retransformation method must be specified.
invalid syntax
r(198);
Could you please help me on this? How can I run the 'eyex' command after a two-part model?
Thank you very much.
Nikos
I am relatively new on STATA, so I have some questions..I am trying to estimate a model based on a cross-section, in which the dependent variable Y is log-transformed, and the independent variable X is not. I would like to draw some conclusions about the elasticity of X. Should I use the 'eyex' command, or just to log the variable X in order to directly derive the elasticity? Generally, the most commonly applied method for deriving elasticities is the 'eyex' command?
Lastly, I am trying to use the 'eyex' command after a two-part model, but the STATA mentions
Warning: cannot perform check for estimable functions.
A retransformation method must be specified.
invalid syntax
r(198);
Could you please help me on this? How can I run the 'eyex' command after a two-part model?
Thank you very much.
Nikos
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