Gaudry, Marc; Blum, Ulrich; Liem, Tran - Bureau d'Économie Théorique et Appliquée (BETA), … - 2000
In a regression model where a Box-Cox transformation is used on a positive independent variable X which appears only once in the equation, the effect of X on the dependent variable Y is either strictly increasing or decreasing over the whole range of X , since the transformation is a monotonic...