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Re: st: first differences and growth rates


From   Billy Schwartz <[email protected]>
To   [email protected]
Subject   Re: st: first differences and growth rates
Date   Fri, 5 Aug 2011 10:23:22 -0400

You transform to first differences when you think there's serial
correlation. If the growth rate could be serially correlated then
you'd have to transform it too.


On Fri, Aug 5, 2011 at 8:37 AM, Merijn Groenenboom
<[email protected]> wrote:
>
> Dear statalisters,
>
> In my regression I use a lot of economic variables. These variables
> are absolute numbers. In my regression I use first differences.
> However one variables includes growth rates instead of absolute
> numbers, therefore I think i do not need to transform these variable
> to first differences.
> So in that case I all variables are transformed into first
> differences, except the variable with the growth rate. Is this
> correct?
>
> Actually I doubt whether this is correct, since the results in Stata
> looks a little bit strange.
> Does anybody knows, what I can do with this variable? Or can't I use it?
>
> I hope somebody can help me!
>
> Thanks in advance,
>
> MerijnG
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