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st: Interpretation of Coefficients - Ordered Probit Regression


From   Yuval Arbel <[email protected]>
To   statalist <[email protected]>
Subject   st: Interpretation of Coefficients - Ordered Probit Regression
Date   Wed, 11 Sep 2013 17:35:21 +0300

Dear Statalisters,

I would like to ask whether there is any direct interpretation to the
coefficients obtained from the Ordered-Probit regression (apart from
sign and significance)

For instance, here is an example, where the dependent variable is
self-ranking of household's income on a scale between 1 to 5

As always, your answers will be highly appreciated

. oprobit avg_fm_inc rel_age orth_age age if male==1 &  avg_fm_inc>0

Iteration 0:   log likelihood = -150.03974
Iteration 1:   log likelihood = -147.51265
Iteration 2:   log likelihood = -147.51213
Iteration 3:   log likelihood = -147.51213

Ordered probit regression                         Number of obs   =        103
                                                  LR chi2(3)      =       5.06
                                                  Prob > chi2     =     0.1678
Log likelihood = -147.51213                       Pseudo R2       =     0.0168

------------------------------------------------------------------------------
  avg_fm_inc |      Coef.   Std. Err.      z    P>|z|     [95% Conf. Interval]
-------------+----------------------------------------------------------------
     rel_age |  -.0151282   .0078644    -1.92   0.054    -.0305421    .0002858
    orth_age |  -.0171244   .0090368    -1.89   0.058    -.0348362    .0005875
         age |   .0096716   .0120724     0.80   0.423    -.0139899     .033333
-------------+----------------------------------------------------------------
       /cut1 |  -1.249527   .3469838                     -1.929603   -.5694517
       /cut2 |  -.4162616   .3304927                     -1.064015    .2314923
       /cut3 |   .4598018   .3336116                     -.1940649    1.113668
       /cut4 |   1.679019    .372254                      .9494143    2.408623
------------------------------------------------------------------------------

-- 
Dr. Yuval Arbel
School of Business
Carmel Academic Center
4 Shaar Palmer Street,
Haifa 33031, Israel
e-mail1: [email protected]
e-mail2: [email protected]
You can access my latest paper on SSRN at:  http://ssrn.com/abstract=2263398
You can access previous papers on SSRN at: http://ssrn.com/author=1313670
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