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st: RE: mfx-elasticities
In this case d(y)/d(lnx) can be interpreted as the response of variable y
(in levels) given a change of 1% in the x variable.
Best,
ORBE
-----Mensaje original-----
De: [email protected]
[mailto:[email protected]] En nombre de Andr� Paul
Enviado el: Jueves, 23 de Marzo de 2006 08:32 a.m.
Para: [email protected]
Asunto: st: mfx-elasticities
Dear all,
when using the -mfx- command after a multinomial logit, one has the
possibility to compute elasticities in the form of d(y)/d(lnx) with the
"dyex" option.
I was wondering how such an elasticity is called... d(lny)/d(x) is called a
semi-elasicity, but what about d(y)/d(lnx)? and how can it be interpreted?
Thanks,
Andr�
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