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Review of Marketing and Agricultural Economics >
Volume 52, Number 02, August 1984 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/12259
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| Title: | A Note on the Use of a Logarithmic Time Trend |
| Authors: | Watts, Geof
Quiggin, John C. |
| Issue Date: | 1984-08 |
| Abstract: | It is shown that parameter estimates in a regression with a logarithmic time trend are not invariant to the choice of the starting point of that time trend. Possible solutions to this problem are discussed and applied to data from a recent article in this Review where a logarithmic time trend was included. It is suggested that the appropriate course is either to estimate the starting date directly or to adopt a functional form invariant to the choice of starting date. |
| URI: | http://purl.umn.edu/12259 |
| Institution/Association: | Review of Marketing and Agricultural Economics>Volume 52, Number 02, August 1984 |
| Total Pages: | 9 |
| Language: | English |
| From Page: | 91 |
| To Page: | 99 |
| Collections: | Volume 52, Number 02, August 1984
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| 52020091.pdf | 323Kb | PDF | View/Open |
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