This was previously posted on cross validated.
I have the following model, as you can see I have included an interaction between i.own for 10 dummies and innoscore which is grand mean centred as a way of making interpretation easier.
Code:
regress logrdintassets ib(freq).own##c.innoscorecentred lowtech midlowtech midhightech hightech lemployees salestoassets firmage size HHI5 d_marketbased i.year, vce(cluster id)
But I am unsure how to interpret this avarage marginal effect of the interaction between an indicator for a specific owner type and a point increase in from the mean of the centred variable? My dependent variable is log transformed as well.
Code:
. margins own, dydx(innoscorecentred) post Average marginal effects Number of obs = 821 Model VCE : Robust Expression : Linear prediction, predict() dy/dx w.r.t. : innoscorecentred ---------------------------------------------------------------------------------- | Delta-method | dy/dx Std. Err. t P>|t| [95% Conf. Interval] -----------------+---------------------------------------------------------------- innoscorecentred | own | Bank | .0738848 .0250683 2.95 0.004 .024463 .1233067 Corporate | .0171173 .0259077 0.66 0.510 -.0339595 .0681942 Family | .0175771 .0254447 0.69 0.490 -.032587 .0677411 Financial | -.000999 .0323958 -0.03 0.975 -.064867 .062869 Foundation | .116375 .0956555 1.22 0.225 -.0722089 .3049588 Government | .0370958 .0477014 0.78 0.438 -.056947 .1311386 Mutual | -.0688859 .0426249 -1.62 0.108 -.1529204 .0151486 Private equity | -.0005615 .029716 -0.02 0.985 -.0591464 .0580234 Public | .0116551 .0695254 0.17 0.867 -.1254135 .1487237 Venture capital | .2090188 .0353349 5.92 0.000 .1393564 .2786812 ----------------------------------------------------------------------------------
Thanks for considering the question.
0 Response to Marginal Effects from Interaction Terms in OLS
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