Nonlinear Functional Form 02: Log-Level Regression

This video discusses why we might want to log the dependent variable of a regression equation. This is particularly useful if we think the model exhibits increasing returns - to scale or education or otherwise. We discuss how to incorporate a logged term into the model and how we interpret the regression results.

[Dhurak]

It looks more like an exponential relationship than a logarithmic one to me.

Other sources I have found on the internet call this exponential regression btw.

Thanks for the video it is really great though