Simplified marginal effects in discrete choice models

被引：37

作者：

Anderson, S

Newell, RG

机构：

[1] Resources Future Inc, Washington, DC 20036 USA

[2] Univ Michigan, Ann Arbor, MI 48109 USA

来源：

ECONOMICS LETTERS | 2003年 / 81卷 / 03期

关键词：

discrete choice; marginal effect; normalization;

D O I：

10.1016/S0165-1765(03)00212-X

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We show that with a simple normalization of explanatory variables, marginal effects in probit and logit models simplify dramatically, becoming a function of only the estimated constant term. Related simplifications hold for computation of asymptotic variances of these effects. (C) 2003 Elsevier B.V. All rights reserved.

引用

页码：321 / 326

页数：6