Hello everyone!!!
Im a new in this forum and through my first research paper I have been reading many usefull answers.
I have a question and I need your help.
I did a research several years ago using gravity equation. I tested a trade effect using a dummy variable. Now, Im updating this research and I have problems with interpretation of results.
For my previous research I had the dummy value of interest in 0.401 using fixed effect and time dummy variable for robustness check, which means that trade will increase in 49% since the model was estimated in log.
Now, I have a result of 15.05 in a fixed effect time dummy estimation but if I want to state how much trade will increase I cant say about millions percent....
What this means? Should I have something wrong on my research results??
I have runed OLS, RE and FE later hausman test and then FE and FE&Time
Thanks in advance.
Im a new in this forum and through my first research paper I have been reading many usefull answers.
I have a question and I need your help.
I did a research several years ago using gravity equation. I tested a trade effect using a dummy variable. Now, Im updating this research and I have problems with interpretation of results.
For my previous research I had the dummy value of interest in 0.401 using fixed effect and time dummy variable for robustness check, which means that trade will increase in 49% since the model was estimated in log.
Now, I have a result of 15.05 in a fixed effect time dummy estimation but if I want to state how much trade will increase I cant say about millions percent....
What this means? Should I have something wrong on my research results??
I have runed OLS, RE and FE later hausman test and then FE and FE&Time
Thanks in advance.
Comment