Hello,
I estimated utility from going to school conditional on some variables including a dummy variable "parent_chool", which =1 if the student has at least one of the parents went to high school; and another variable "distance" which measure the distance from the student's house to school.
Now I need to figure out the impact of not having a parent who went to high school to utility in term of meters.
First, I would like to ask how to compute the impact of not having a parent who went to high school? Is this just the parameter estimated for "parent_school"
Second, how could I find that impact in term of meters? Is this equal to the ratio of the parameter estimated for "parent_school" and for "distance"
Thank you,
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