--- Olga Lyashevskaya wrote:
> My model is loglinear. Does it mean that marginal
> effect equal to elasticity?
With log linear I assume that you mean that you have
taken the log of y (what have you done with the 0s?)
and that the x is still in the original metric. So no
the interpretation of -mfx- with the dydx option (the
default, so in my example I just called -mfx- without
option) is the percentage change in y for a unit
change in x. To get elasticities of the form
percentage change in y for a percentage change in x,
you need to add the dyex option.
Hope this helps,
Maarten
-----------------------------------------
Maarten L. Buis
Department of Social Research Methodology
Vrije Universiteit Amsterdam
Boelelaan 1081
1081 HV Amsterdam
The Netherlands
visiting address:
Buitenveldertselaan 3 (Metropolitan), room Z434
+31 20 5986715
http://home.fsw.vu.nl/m.buis/
-----------------------------------------
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