Dear all,
I am working with Stata's margins command and have some difficulties to interpret the meaning of "marginal effects at representative values".
If I understand it correctly, I specify or fix a covariate at certain values and the others remain as observed.
Stata returns the marginal effects for a chosen variable. So what I mean is, if fix the value of X1 at different values and look at the marginal effect of X2. Is this marginal effect an average marginal effect or how can I interpret? So the rate of difference in the probability of y, averaged over all observations, given my fixed representative values in one variable and the others as observed?
Thanks a lot for your help
Daniel
I am working with Stata's margins command and have some difficulties to interpret the meaning of "marginal effects at representative values".
If I understand it correctly, I specify or fix a covariate at certain values and the others remain as observed.
Stata returns the marginal effects for a chosen variable. So what I mean is, if fix the value of X1 at different values and look at the marginal effect of X2. Is this marginal effect an average marginal effect or how can I interpret? So the rate of difference in the probability of y, averaged over all observations, given my fixed representative values in one variable and the others as observed?
Thanks a lot for your help
Daniel
Comment