--- Andrea Rispoli <[email protected]> wrote:
> I am using a bivariate probit (biprobit) estimation of two equations.
> I am interested in looking at the correlation between the two
> regressions. I noticed that Stata output does not provide with the
> p-value for rho (as it happens in the case of trivariate probit).
> Should I look at the P>|z| provided for the athrho?
> What does the athrho refers to?
athrho is the Fisher's Z transformation of the correlation, also known
as the arc-hyperbolic tangent. To get your estimates in the correlation
metric you can apply the inverse of this transformation, the hyperbolic
tangent, which is built into Stata as the -tanh()- function:
*--------------- begin example ----------------
webuse school
biprobit private vote logptax loginc years
nlcom tanh([athrho]_b[_cons])
testnl tanh([athrho]_b[_cons])=0
*--------------- end example ------------------
(For more on how to use examples I sent to the Statalist, see
http://home.fsw.vu.nl/m.buis/stata/exampleFAQ.html )
The thing you probably don't want to do is to perform tests on the
edges of the parameter space, in this case testing whether the
correlation is 1 or -1. Things usually get a weird in these areas.
-- Maarten
-----------------------------------------
Maarten L. Buis
Department of Social Research Methodology
Vrije Universiteit Amsterdam
Boelelaan 1081
1081 HV Amsterdam
The Netherlands
visiting address:
Buitenveldertselaan 3 (Metropolitan), room Z434
+31 20 5986715
http://home.fsw.vu.nl/m.buis/
-----------------------------------------
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