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st: Logarithmic transformation in psm results
From
s <[email protected]>
To
[email protected]
Subject
st: Logarithmic transformation in psm results
Date
Thu, 17 Mar 2011 11:54:56 +0100
Dear statalisters,
I'm estimating propensity score matching (with psmatch2 routine) for a
sample of firms participating in a
program. My outcome variable (turnover of the firm) is expressed in
logarithm, and the results are similar to these:
----------------------------------------------------------------------------------------------------------------------
Sample Treated Controls
Difference S.E. T-stat
----------------------------+----------------------------------------------------------------------------------------
Unmatched | 13.2005389 8.90516337 4.29537557
.323484337 13.28
ATT | 12.9789829 12.284779 .694203895
.303516206 2.29
----------------------------+----------------------------------------------------------------------------------------
How can I transform the results in order to interpret this results in
terms of the original values.
My doubt arise mainly because when I estimate the ATT using the original
variable expressed in
monetary units the value corresponding to treated and controls not
coincide with the transformed values
of the results in logarithms.
------------------------------------------------------------------------------------------------------------------------------
Sample Treated Controls
Difference S.E. T-stat
----------------------------+-----------------------------------------------------------------------------------------------
Unmatched | 3940905.5 642598.305 3298307.2
266059.508 12.40
ATT | 2687231.69 2091249.89 595981.797
631105.497 0.94
----------------------------+-----------------------------------------------------------------------------------------------
Thanks in advance for your help,
Sergio
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