Hi all,

I have a regression where the dependent variable is in log form. I was wondering if we can find out the actual impact of the independent variable on the natural form of the dependent variable? Or do we have to rely on percentage change? Here is an example:

The coefficient of the variable I'm interested is -0.299. First, I take the exponential:

Code:
. di exp(0.299)-1
.34850962
This means one unit increase in the independent variable decreases the dependent variable by 34%, right?

But can we say what the actual numerical change is? If the mean value of the natural form of dependent variable is 1,000,000 can we say that it leads to 340.000 decrease?

Thanks!