Marginal effects of a bivariate binary choice model

This paper discusses the copula-based approach of a bivariate binary choice model. We derive the marginal effects of explanatory variables on an outcome of interest (both direct and indirect) in the model. We also show that the signs of the marginal effects are determined by the signs of the coefficient parameters. A real-data application is provided.

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Year of publication:	2013
Authors:	Hasebe, Takuya
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 121.2013, 2, p. 298-301
Publisher:	Elsevier
Subject:	Copula \| Binary choice \| Marginal effect

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Type of publication:	Article
Classification:	C31 - Cross-Sectional Models; Spatial Models ; C35 - Discrete Regression and Qualitative Choice Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010709109