Economics · Econometrics
Match the econometric model specifications with their descriptive functional form names: (a) Yi = β1 + β2(1 / Xi) + ui (b) ln Yi = β1 + β2 Xi + ui (c) ln Yi = ln β1 + β2 ln Xi + ui (d) ln Yi = β1 - β2(1 / Xi) + ui Names: (i) Logarithmic reciprocal (ii) Double logarithmic (iii) Reciprocal (iv) Semi-logarithmic (log-lin)
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(a)-(i), (b)-(iv), (c)-(iii), (d)-(ii)
- 2(a)-(iii), (b)-(iv), (c)-(ii), (d)-(i)✓
- 3(a)-(iv), (b)-(iii), (c)-(i), (d)-(ii)
- 4(a)-(i), (b)-(ii), (c)-(iii), (d)-(iv)
Correct answer
(a)-(iii), (b)-(iv), (c)-(ii), (d)-(i)
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