this corresponds to the expectation of the elasticities. PPML in this case does not go to the arithmetic mean (as the arithmetic mean is a function of x).
@BBCNews needs some actual statisticians on its team maybe? Mental health problems can be both over-diagnosed and under-diagnosed so where is the option for this?
@lastpositivist Separate question: what's the position called where probability statements represent how often the stater expects their universe of probability statements at the same probability to come true?
@jessRmorley Did you see Acemoglu's paper on the macroeconomics of AI? It's a conservative estimate but gives quite low macroeconomic boosts to GDP from generative AI
@benhayesnyc@Noahpinion Is it because there are so few nuclear power plants - only 430 worldwide - while there are huge numbers of solar and wind installations? It makes the nuclear line look much lumpier. The largest nuclear reactors in the world each produce like 1% of all nuclear power generation.