Interpreting Regression Coeffiecient

[Rishabh Verma]

My name is Rishabh. I am a new member in the statalist. I have a query regarding the interpretation of a regression coefficient. So, I am trying to look at the relationship between the growth rate of Bank Credit and Firm Productivity (Total Factor Productivity). So, my dependent variable is Growth in Bank Credit, and the independent variable is the logged value of (Total Factor Productivity deviated from the industry mean). Please note that my dependent variable is bounded between -2 to +2. The formula for that is as follows: Growth_Bank_Credit= (Bank_Credit-.lag_Bank_Credit)/(.5*(Bank_Credit+lag_Bank_Credit)). The coefficient value corresponding to my independent variable i.e. lag_ln_TFP_industry deviation is .05. How should I interpret this coefficient? Should it be one standard deviation above industry mean increase bank credit growth by .05 percent? I will be highly obliged if anyone could answer this question.

Thanking you in advance,
Regards,
Rishabh.

[Carlo Lazzaro]

Rishabh:
welcome to this forum.
As you may figure out, there's no way to your query without reading what you typed and what Stata gave you back (as per FAQ).
Please see the FAQ on how to post effectively. Thanks.