I am estimating a moderating effect with a random effects regression model and it gives me the results indicated below. As the interaction term shows a significant relationship, I would like to graphically show how this moderating effect evolves on ROE. However, I can only find how to create a margins plot from the two interacting variables, but not the impact on the dependent variable (ROE in this case).
Hope someone can help!
Code:
xtreg ROE_w c.laggedGSCMP##i.laggedEMS Firmrisk_w Firmsize_w i.Industry i.year, re Random-effects GLS regression Number of obs = 3704 Group variable: ID Number of groups = 463 R-sq: within = 0.0154 Obs per group: min = 8 between = 0.0897 avg = 8.0 overall = 0.0301 max = 8 Wald chi2(17) = 95.26 corr(u_i, X) = 0 (assumed) Prob > chi2 = 0.0000 ----------------------------------------------------------------------------------------- ROE_w | Coef. Std. Err. z P>|z| [95% Conf. Interval] ------------------------+---------------------------------------------------------------- laggedGSCMP | -.0513154 .0717939 -0.71 0.475 -.1920287 .089398 1.laggedEMS | -.0228706 .0314698 -0.73 0.467 -.0845502 .0388091 | laggedEMS#c.laggedGSCMP | 1 | .2009424 .0930021 2.16 0.031 .0186617 .3832232 | Firmrisk_w | -.0095493 .0619435 -0.15 0.877 -.1309563 .1118577 Firmsize_w | .0329511 .0083621 3.94 0.000 .0165616 .0493406 | Industry | 2 | -.0058314 .0503369 -0.12 0.908 -.10449 .0928272 3 | -.0471294 .0430901 -1.09 0.274 -.1315843 .0373256 4 | -.0536516 .0583197 -0.92 0.358 -.1679561 .0606528 5 | -.1049833 .0432338 -2.43 0.015 -.1897201 -.0202466 6 | -.0863122 .0387198 -2.23 0.026 -.1622017 -.0104227 | year | 2008 | -.0465011 .0318643 -1.46 0.144 -.1089541 .0159518 2009 | -.138029 .0318752 -4.33 0.000 -.2005032 -.0755548 2010 | -.0493769 .0318645 -1.55 0.121 -.1118301 .0130763 2011 | -.005929 .0320594 -0.18 0.853 -.0687642 .0569062 2012 | -.0636718 .0320582 -1.99 0.047 -.1265047 -.000839 2013 | .0183746 .0319767 0.57 0.566 -.0442986 .0810477 2014 | .0199688 .0323688 0.62 0.537 -.0434728 .0834105 | _cons | -.0430078 .0740766 -0.58 0.562 -.1881953 .1021797 ------------------------+---------------------------------------------------------------- sigma_u | .13493434 sigma_e | .48411832 rho | .07208581 (fraction of variance due to u_i) -----------------------------------------------------------------------------------------
0 Response to Graphically show the interaction effect, panel data
Post a Comment