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Re: st: interpreting coefficients in growth equation
From
"D-Ta-Fresh" <[email protected]>
To
[email protected]
Subject
Re: st: interpreting coefficients in growth equation
Date
Sun, 27 Mar 2011 15:30:07 +0200
Yes, excactly. And in fact im interested in heterogenous effects of
income on BMI growth looking at different sub-samples in the data.
Still, im not sure if thats the best way to model it as I have a hard
time to interpret the logIncome coefficient ( I know what it is, but
find it hard to get an idea of what it actually means)
Darjusch
-------- Original-Nachricht --------
> Datum: Sun, 27 Mar 2011 06:33:37 -0500
> Von: Charles Koss <[email protected]>
> An: [email protected]
> Betreff: Re: st: interpreting coefficients in growth equation
> Sorry, my eyes did not see the negative sign. In this way, on average,
> a unit change in higher initial values of BMI leads to lower levels of
> growth. Now, i am intrigued. Basically, you are regressing the growth
> rate by the previous level (you called it present), logincome, and
> age. is it logincome and age measured at the previous level (you
> called it present) or current period ?
>
> Charles
>
> --
> Charles Koss
> http://charlesonnet.blogspot.com
>
>
> On Sun, Mar 27, 2011 at 4:44 AM, D-Ta <[email protected]> wrote:
> > b1 = -0.33, i.e. A higher initial level of BMI should lead to lower
> growth
> > rates, isnt it?
> >
> >
> > Am 26.03.2011 20:07, schrieb Charles Koss:
> >>
> >> on average, an additional year changes BMI_growth by 0.11, b2 might be
> >> an elasticity (1% change in logincome causes 0.14% in BMI_growth ).
> >> b1, a unit change from the average present level of BMI changes the
> >> BMI_growth by 0.33; in other words, increases the growth of BMI. So, i
> >> think you may have divergence rather than convergence.
> >>
> >> Does it make sense? otherwise, provide more details about the dataset.
> >>
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