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Marginal Effects/Elasticities #13

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abhaylidbe opened this issue Oct 20, 2022 · 6 comments
Open

Marginal Effects/Elasticities #13

abhaylidbe opened this issue Oct 20, 2022 · 6 comments

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@abhaylidbe
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@arteagac Very much thankful to you for this wonderful package. Is there a way to get the marginal effects or elasticities of the model variables?

@arteagac
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Hi @abhaylidbe. Thank you for your kind comments.
Unfortunately, the current version of xlogit does not support computation of marginal effects or elasticities. This is something I have in my to-do list, but I haven't had the chance to implement it yet.

@abhaylidbe
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abhaylidbe commented Oct 21, 2022 via email

@arteagac
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Hi @abhaylidbe, Sure. Let me think about a potential implementation timeline and I will let you know.

@arteagac
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Dear Abhay, After estimating the effort involved in this implementation, I anticipate it would take at least a couple of months for completion given that my time is very limited right now. In case you know some Python programming and want to give this implementation a try, I would be happy to provide any necessary guidance on the internal functions inxlogit that you would need to modify.

@abhaylidbe
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abhaylidbe commented May 2, 2023 via email

@arteagac
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Hi @abhaylidbe,

I truly apologize for my delayed response. The margin effects/elasticities is a very desirable implementation for xlogit, but unfortunately time is a bit constrained right now, and I don't think I will be able to complete it in the nearby future. In case you want to give this implementation a shot and you are clear about the formulas and concepts involved, I could happily guide you with the Python programming part.

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