[Limdep Nlogit List] bivariate probit

[Dr. Anat Tchetchik]

Dear Friends,

 

We are running via  NLOGIT a bivariate probit with selection (which  uses
the atanh(rho) during estimation) and keep receiving very high and
significant Rho (0.99 but never 1), The model results, other than that, are
reasonable and fit our expectations.  when we omit variables from the model,
rho decreases substantially and become insignificant.  Can we report our
results with such rho? 

 

Thanks,

 

 

Anat Tchetchik, Ph.D.

The Department of Agricultural Economics

The Hebrew University of Jerusalem

Tel: 08-9489231

cell: 054-4928740