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st: dtobit: Why Evaluate Marginal Effects at Censoring Rate?


From   "Ryota Nakamura" <[email protected]>
To   [email protected]
Subject   st: dtobit: Why Evaluate Marginal Effects at Censoring Rate?
Date   Sun, 26 Nov 2006 05:38:05 +0900 (JST)

Hi,

I use the command "dtobit" to get McDonald&Moffitt decomposition.
In using the command, there is an option ^censoring^ ,which provides marginal effects evaluated at censoring rate of the dependent variable.

I don't understand the reason why you calculate it at censoring rate.
Is there a theoretical background to do so?

Thank you.

---------------------------------------------
Ryota Nakamura
Graduate School of Economics,
Kyoto University


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