here are my results
Code:
tobit percent_expshare_wine_on log_price_wine_on log_price_wine_off logincome i.socio_group i.gor_recode i.sexhrp , ll(0)
Refining starting values:
Grid node 0: log likelihood = -47747.393
Fitting full model:
Iteration 0: log likelihood = -47747.393
Iteration 1: log likelihood = -32372.522
Iteration 2: log likelihood = -27312.95
Iteration 3: log likelihood = -25237.826
Iteration 4: log likelihood = -24929.648
Iteration 5: log likelihood = -24924.116
Iteration 6: log likelihood = -24924.114
Tobit regression Number of obs = 34,301
Uncensored = 6,509
Limits: lower = 0 Left-censored = 27,792
upper = +inf Right-censored = 0
LR chi2(15) = 2514.40
Prob > chi2 = 0.0000
Log likelihood = -24924.114 Pseudo R2 = 0.0480
------------------------------------------------------------------------------
percent~e_on | Coef. Std. Err. t P>|t| [95% Conf. Interval]
-------------+----------------------------------------------------------------
log_pri~e_on | .5162378 1.183649 0.44 0.663 -1.803753 2.836228
log_pr~e_off | -1.085473 1.175537 -0.92 0.356 -3.389565 1.218619
logincome | 1.373729 .0415701 33.05 0.000 1.29225 1.455208
|
socio_group |
2 | .0873766 .0682073 1.28 0.200 -.046312 .2210652
3 | -.7677631 .0790945 -9.71 0.000 -.922791 -.6127353
4 | -1.453442 .2787138 -5.21 0.000 -1.999731 -.9071538
5 | .2039505 .1875383 1.09 0.277 -.1636307 .5715317
6 | -.0079945 .0619298 -0.13 0.897 -.129379 .11339
|
gor_recode |
2 | -.3123735 .0904925 -3.45 0.001 -.4897419 -.1350051
3 | -.3112034 .0886092 -3.51 0.000 -.4848804 -.1375264
4 | -.0465098 .0879178 -0.53 0.597 -.2188316 .1258121
5 | -.3931184 .1339016 -2.94 0.003 -.65557 -.1306667
6 | -.3035262 .1086274 -2.79 0.005 -.5164394 -.0906129
7 | -.4784591 .1237286 -3.87 0.000 -.7209713 -.235947
|
sexhrp |
Female | .1663446 .0487767 3.41 0.001 .0707407 .2619485
_cons | -12.30692 1.824931 -6.74 0.000 -15.88385 -8.729995
-------------+----------------------------------------------------------------
var(e.perc..)| 8.360073 .1699498 8.033515 8.699906
------------------------------------------------------------------------------
Code:
avplot
this is also happens when i try and do a residual plot, can anyone explain why

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