Repeat the logarithmic regression in exercise 51 adding the, Econometrics

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Repeat the logarithmic regression in exercise 51 adding the

Repeat the logarithmic regression in Exercise 5.1, adding the logarithm of the size of the household as an additional explanatory variable. Interpret the results and perform appropriate tests.

Exercise 5.1

Download the CES data set from the website and fit linear and (double) logarithmic regressions for your commodity, excluding observations with 0 expenditure on your commodity. Interpret the regressions and perform appropriate tests.

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Econometrics: Repeat the logarithmic regression in exercise 51 adding the

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