where (slope of lnAHE) is the slope of the natural logarithm
of average real hourly earnings regressed on year, (slope of lnFatalities) is the slope of the natural logarithm
of fatal injuries rates; and (slope of lnInjuries) is the slope of the natural logarithm
of injury and illness rates.
Recall that taking natural logarithms of the variables in the model allows for estimates of the percentage change in average weekly earnings for each percentage point change in a given independent variable, controlling for the other independent variables in the model.
where "ln" stands for the natural logarithm, "[alpha]" a constant, and "t" stands for a given year.
t] Natural Logarithm
of agricultural productivity index [LAY.
The regression analysis is done on the natural logarithm
of equation 5, the model equation.
p] is the standard deviation of the difference of the first differences of the natural logarithms of nominal and real GNP, [a.
t] is the change of the natural logarithm of nominal GNP, [delta] is the average rate of demand expansion, [lambda] is the speed of adjustment with [~lambda~] [less than to] 1, and [pi] is the response of real GNP to changes in nominal GNP, with 0 [is not less than or equal to] [pi] [is not less than or equal to] 1.
Along with three variables described above, in the second model specification we add the natural logarithm of the stock of FDI (FSR) to equation 1 to test the FDI-specific impact on exports with impact of increased supply capacity held constant.
REER denotes natural logarithm of real effective exchange rate index (CPI based).
The first determines mean and standard deviations of the natural logarithm
of the data instead of calculating from the raw data.
The model equation used in the regression analysis is the natural logarithm
of equation 3.