Hi,
I use the command "dtobit" to get McDonald&Moffitt decomposition.
In using the command, there is an option ^censoring^ ,which provides marginal effects evaluated at censoring rate of the dependent variable.
I don't understand the reason why you calculate it at censoring rate.
Is there a theoretical background to do so?
Thank you.
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Ryota Nakamura
Graduate School of Economics,
Kyoto University
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