Hi Guys,

I apologise if this question is hard to read.
I'm currently analysing a regression in which the dependant variable is in the form of a ratio (tobins q), and is also logged. The coefficient for the dependant variable I have calculated as 0.7. From what I understand in order to interpret this I need to do the exp() for this value- giving 2.01, then subtract 1 giving 1.01, then multiply by 100 giving 101%. From this I've gathered that a 0.1 unit change in my ratio will have a 10.1% change in my dependant variable (lnTobinsq). My question is what does a 10% change in a logged ratio actually mean? I'm struggling to understand the effect of this.

Thanks for the help