Dear stata users,
I am utilizing a a cross sectional dataset and a multinomial logit model (MNL) to compute the probability of undertaking a set of different investment types by firms localized in a certain country.
I have two questions in merit.
The first one refers to how I can measure the variability within groups. That is, after running a standard MNL and obtaining non significant estimates, I re-estimate the MNL clustering the firms by region (first) and province (after) to obtain, in both cases, a significant improvement in the level of significance of the estimates. This could hence entail that the within group variability exerts a significant effect.
However, contrary, e.g., to fixed effects model where u_ is reported (residuals within groups), in the MNL (and in probit models in general) I do not have such an information when I use the option vce(cluster).
In light of this, I was wondering how to analyze the within group variance of the two clustered specifications, to see which one is better (instead of using, e.g., the BIC criteria). Is there a way to obtain the sigma u_ in the MNL? How can I study the variance within clusters? Is there perhaps a graphical way from which I could derive some insights?
Secondly, I noticed that when I compute the marginal effects (form the MNL using the vce(cluster) option) sometimes, I obtain the coefficient estimates, whereas some other times (repeating exactly the same commands) I don't obtain anything, since I am reported that the "variance matrix is nonsymmetric or highly singular". Why does Stata report these two different outcomes in a random way?
Many thanks.
Jack
Related Posts with Multinomial logit models and vce(cluster) option. How to study the within group variance
Using FEI am trying to carry out panel FE analysis using .xtreg. For cluster SE do I need to create a differ…
Obtaining a forest plot showing the standardised mean differences after teffects ipw and aipwDear Statalisters, I have been trying to produce a forest plot-style of graph to show the mean in t…
Problem analyzing outcome by dateHello STATAListers, I'm a new user and having trouble working on a simple dataset with just 5 varia…
Panel Data AnalysisHello How should the final estimate be in a model with the following conditions? Panel Data Random …
Endogenous switching model using "etregress"I am trying to estimate the effect of off-farm participation on farm household food insecurity statu…
Subscribe to:
Post Comments (Atom)
0 Response to Multinomial logit models and vce(cluster) option. How to study the within group variance
Post a Comment