I have a regression as follows:
ln(y + 5) = A + B*ln(x + 5)
The addition of the number 5 in both logarithms is done simply because there are negative numbers in both variables, but I would like to know what consequences this addition has on the slope B and if I could calculate from this slope B the slope it would have had if the regression had been of the form:
ln(y) = A + B*ln(x)
How could the addition of 5 be undone? How does this addition affect the slope B?
EDITED:
My problem is the following:
What I want to do is a sensitivity exercise for variable Y based on variables A and B. The model we have developed only relates Y to A so for different percentages (variations of A) we can take out the results of Y. Now we want to do the same but varying the variable B, i.e. vary the variable B by % and see how Y varies (the problem is that we have no model that relates them and therefore the idea is to create a relationship between A and B that relates the increments so that if my variable B increases by 10% I know that corresponds to a -5% of A and then I go to my results table and get those values of Y).
For simplicity and to understand each other we can assume that A is the Annual Variation of the Unemployment Rate and B the annual variation of the GDP. My understanding of the problem tells me that in order to translate from % to % I have to do the regression between these two variables using the logarithms (so that the meaning of the slope is: if I increase the GDP 1% the Unemployment increases B%), and the problem is that this is where I introduce the +5 because these variables have negative numbers...But maybe I am interpreting something wrongly.