Hello, I am quite confused on how did you managed to obtain the values for intercept and time (estimated regression)? Is this formula the same as the excel's linear regression y = mx + c where x is the slope and c is the intercept? Thanks
Thank you very much sir....keep posting questions on regression.. Which source do you suggest to learn application of software for regression and ecotrix for begiiners
For a textbook: economics.ut.ac.ir/documents/3030266/14100645/Jeffrey_M._Wooldridge_Introductory_Econometrics_A_Modern_Approach__2012.pdf For software (Stata) applications from that textbook: fmwww.bc.edu/gstat/examples/wooldridge/wooldridge.html
This functional form has a nice feature. The coefficient on the independent variable represents the percentage change in the Y variable from a 1-unit change in the independent variable. The proof: ln(Y) = a + bX Take total differential to get dY/Y = bdX divide through by dx (dY/Y)/dX = b let dX = 1 (to represent 1-unit change in X) dY/Y = b The left-hand side is just the change in Y divided by Y or the standard percentage change formula.
@@EconomicsinManyLessons So, even though the employment data is not exponential on nature, (it appears linear) the ln(employment) is still a good approximation of the percentage change? Thank you in advance for your response!
Thank you sir for the great video Plz provide a video on Solow Growth model numericals . I hope you help me as soon as possible. Thank you so much sir🙏
Thank you for this video! For all the vídeos on the channel actually!
Hello, I am quite confused on how did you managed to obtain the values for intercept and time (estimated regression)? Is this formula the same as the excel's linear regression y = mx + c where x is the slope and c is the intercept? Thanks
Wonderful explanation
Hello sir, I am confused,, is CAGR and regression growth rate estimation same? Thanks in anticipation.
what if I would like to estimate the least squares growth rate of something for a specified period of time, like t to t+n?
Hi, what if I'm calculating the growth rate of a company's ebitda, and in some years it can be negative?
Thanks for video
Please could you explain how we end up the growth rate i=e^0.0224-1
Thanks
Thank you very much sir....keep posting questions on regression..
Which source do you suggest to learn application of software for regression and ecotrix for begiiners
For a textbook: economics.ut.ac.ir/documents/3030266/14100645/Jeffrey_M._Wooldridge_Introductory_Econometrics_A_Modern_Approach__2012.pdf
For software (Stata) applications from that textbook: fmwww.bc.edu/gstat/examples/wooldridge/wooldridge.html
Can you suggest a text book on cagr using regression
Thankuu
You are welcome! Thanks for watching!
Why a natural logarithm has been taken?
This functional form has a nice feature. The coefficient on the independent variable represents the percentage change in the Y variable from a 1-unit change in the independent variable. The proof:
ln(Y) = a + bX
Take total differential to get
dY/Y = bdX divide through by dx
(dY/Y)/dX = b let dX = 1 (to represent 1-unit change in X)
dY/Y = b
The left-hand side is just the change in Y divided by Y or the standard percentage change formula.
@@EconomicsinManyLessons So, even though the employment data is not exponential on nature, (it appears linear) the ln(employment) is still a good approximation of the percentage change? Thank you in advance for your response!
Thank you sir for the great video
Plz provide a video on Solow Growth model numericals .
I hope you help me as soon as possible.
Thank you so much sir🙏
Here are some videos on Solow:
ua-cam.com/video/SFB7T7O3IWE/v-deo.html
ua-cam.com/video/pdypvHNx5gs/v-deo.html
ua-cam.com/video/2OtW6dzy4jQ/v-deo.html
@@EconomicsinManyLessons thank you so much sir 🙏