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formulas
2010 Aug 27
1
calculate the elasticities by linear.hypothesi commander
Dear all
If I run the model and get the estimated parameter a11. Then I want to
use the estimated parameter to calculate the elasticities by using the
formula e11=a11/mw1-1. What I have done is using the command of linear.
Hypothesis.
> formulas1=dWfresh~dlnPfresh+dlnPfrozen+dlnPsmoke+dlnQP+cosL1+sinL1+cosL2
> formulas2=dWsmoke~dlnPfresh+dlnPfrozen+dlnPsmoke+dlnQP+cosL1+sinL1+cosL2
> formulas12=list(formulas1,formulas2)
> > salmon1=systemfit(formulas12, data=Fsalmon2, method="SUR")
> summary (salmon1)
>MW...