Dear statalists:
Recently,I was aruging with reviewers of my research.My equation is :
lny=α + β×treat×lnx + ε
in this equation,treat is a dummy,lnx and lny are ln(x) and ln(y).However,reviewers think β is a semi-elasticity,I think β is elasticity.I wonder if you can provide me some theoretical literatures about this question,in order to
persuade reviewers.
Many thanks!
Recently,I was aruging with reviewers of my research.My equation is :
lny=α + β×treat×lnx + ε
in this equation,treat is a dummy,lnx and lny are ln(x) and ln(y).However,reviewers think β is a semi-elasticity,I think β is elasticity.I wonder if you can provide me some theoretical literatures about this question,in order to
persuade reviewers.
Many thanks!