Dear Stata list community,
I am having trouble deciding whether to log my variables or not. If proportion of land dedicated to a crop is the dependent variable, and yield, standard deviation of yield (measuring risk), price of the crop and standard deviation of the price of the crop (measuring risk) are the independent variables.
- Would it make more sense to log these independent variables as they are unlikely to have a linear relationship with the dependent variable?
- Furthermore, how would log of standard deviation of yield (kg/m^2) be interpreted?
Thank you for your time.
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