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  • dependent variable "a percentage" and independent variables are in millions !

    hi,

    i have panel data "micro panel"

    i used "gmm method" without unifying variables,

    the dependent variable was "a percent" nearly between 20 - 300 % ,

    and the independent variables are "Millions dollars"

    Scientifically, is there a problem in the results if independent variables are in millions, and the dependent variable "a percentage"?


  • #2
    You need different units. No scientific or statistical issue is entailed, just details of convenience or convention.

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