Log-linear model

{{Short description|Mathematical model}}

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A log-linear model is a mathematical model that takes the form of a function whose logarithm equals a linear combination of the parameters of the model, which makes it possible to apply (possibly multivariate) linear regression. That is, it has the general form

:\exp \left(c + \sum_{i} w_i f_i(X) \right),

in which the {{math|fi(X)}} are quantities that are functions of the variable {{math|X}}, in general a vector of values, while {{math|c}} and the {{math|wi}} stand for the model parameters.

The term may specifically be used for:

The specific applications of log-linear models are where the output quantity lies in the range 0 to ∞, for values of the independent variables {{math|X}}, or more immediately, the transformed quantities {{math|fi(X)}} in the range −∞ to +∞. This may be contrasted to logistic models, similar to the logistic function, for which the output quantity lies in the range 0 to 1. Thus the contexts where these models are useful or realistic often depends on the range of the values being modelled.

See also

Further reading

  • {{cite book |last=Gujarati |first=Damodar N. |last2=Porter |first2=Dawn C.|author2-link=Dawn C. Porter |title=Basic Econometrics |location=New York |publisher=McGraw-Hill/Irwin |year=2009 |isbn=978-0-07-337577-9 |chapter=How to Measure Elasticity: The Log-Linear Model |pages=159–162 }}

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