Functions

Vikram Dayal

Chapter Chapter 5 in An Introduction to R for Quantitative Economics, 2015, pp 27-38 from Springer

Abstract: Abstract We briefly look at change, derivative and elasticity formulae. We then graph and compute functions (linear and log-log) using the mosaic package. We gain the ability to derive one mathematical function, often non-linear, from another. We are able to understand such non-linear functions better when we graph them. We see how we can use different functional forms while studying how the average level of carbon dioxide emissions per capita varies with gross national income per capita for different countries.

Keywords: Derivative; Elasticity; Logarithm; Mosaic package; Carbon emissions (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-81-322-2340-5_5

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DOI: 10.1007/978-81-322-2340-5_5

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