{smcl}
{* 16nov2006}{...}
{hline}
help for {hi:meoprobit} {right: (version 1.0.1) }
{hline}
{title:Compute marginal effects at means an their standard errors after {help oprobit}}
{p 8 20}{cmd:meoprobit} [in] [if]
[, {cmdab:nod:iscrete} {cmdab:stats}({it:statistics}) {cmdab:var:iance} {cmdab:exp}]
{p 8 20} where {it:statistics} can be one of the elements {cmd:sd}, {cmd:z} or {cmd:p}.
{title:Description}
{p}{cmd:meoprobit} computes marginal effects at means and their standard errors in an ordered probit model.
{cmd:meoprobit} is executed after Stata's {help oprobit} command.
{p}{cmd:meoprobit} computes the marginal effects and standard errors (based on the delta method) analytically
and is therefore faster than {help mfx} and -mfx2-, which proceed numerically.
{p}An alternative to {cmd:meoprobit} is -margeff-, which has the advantage of greater generality, more options
and is better linked with other Stata commands such as {help lincom} and others after estimation.
{p}The advantages of {cmd:meoprobit} are its speed, its compact way of displaying the results and the fact that
it is capable to compute also the marginal effect of the regressors on the expected mean of the outcome variable.
{p}(Note of caution: If we have chosen to estimate an ordered probit model then this is because we think that the dependent
variable carries only ordinal information but that the scaling of the variable, apart from preserving the order,
carries no meaning. Therefore, strictly speaking, computing and interpreting the mean value of the ordinal
dependent variable makes no sense. The user should question whether in the specific context it seems justified
to look at the mean of the dependent variable.)
{title:Options}
{p 0 12}{cmdab:nod:iscrete} specifies that dummy (indicator) variables be treated as continuous.
{p 0 8}{cmdab:stats}() specifying {cmd:sd}, {cmd:z} or {cmd:p} in parentheses determines whether
standard errors (the default), z-values or p-values are displayed.
{p 0 7}{cmdab:if, in} These options serve to restrict the means and frequency computation to a sub sample and allow
to compute marginal effects at the mean values for a specific subgroup. The underlying regression coefficients and
standard errors remain those from the original estimation.
{p 0 9}{cmdab:var:iance} specifies that you want the covariance matrix of the marginal effects
to be saved as matrix V.
{p 0 4}{cmdab:exp} requests the computation of the marginal effect of the regressors on the expected mean
of the outcome variable.
{title:Output}
{p}The columns labeled c1, c2 ... cn refer to the categories of the dependent variable. If the option {cmdab:exp} is chosen,
the column labeled E[Y] refers to the expected mean of the dependent variable.
{title:Saved results}
{p 0 3}{cmd:PS} The row vector {cmd:PS} contains sample frequencies for the categories of
the dependent variable and its sample mean.
{p 0 2}{cmd:P} The row vector {cmd:P} contains probabilities predicted at means
for the categories of the dependent variable and the resulting predicted sample mean.
{p 0 4}{cmd:RES} The matrix {cmd:RES} contains the results: marginal effects
and standard errors (or z-values or P-values).
{p 0 2}{cmd:V} If the options {cmdab:var:iance} or {cmdab:exp} are chosen, the
matrix {cmd:V} contains the covariance matrix of the marginal effects.
{title:Example}
{p 4 8}{inp:. oprobit y x}
{p 4 8}{inp:. meoprobit, stats(p)}
{title:Author}
Thomas Cornelißen, University of Hannover, Germany
cornelissen@ewifo.uni-hannover.de
{title:Also see}
{p 0 9}On line: help for
{help oprobit},
{help mfx}.