***** Coding fee=0 fee=15 fee=50 fee=100 fee=250 fee=500 fee=1000 fee=2500 fee=5000 Liability 0 - 1 Record 0 - 1 Registration 0 - 1 tax=-4 tax=-3 tax=-2 tax=-1 tax=0 tax=1 tax=2 tax=3 tax=4 **************************************ST************************************* Conditional (fixed-effects) logistic regression Number of obs = 22,059 LR chi2(6) = 2996.52 Prob > chi2 = 0.0000 Log likelihood = -6579.8344 Pseudo R2 = 0.1855 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .5870869 .0440019 13.34 0.000 .5008447 .6733291 record | -.04587 .0421373 -1.09 0.276 -.1284575 .0367176 tax__ | -.1110833 .008458 -13.13 0.000 -.1276606 -.094506 registration | .5100555 .0455405 11.20 0.000 .4207977 .5993132 fee | -.0001882 .0000216 -8.70 0.000 -.0002306 -.0001458 asc_sq | 1.640405 .064335 25.50 0.000 1.514311 1.7665 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 22,059 LR chi2(5) = 3615.19 Log likelihood = -4772.2388 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0004246 .0000325 -13.08 0.000 -.0004882 -.0003609 liability | .7423779 .0735326 10.10 0.000 .5982566 .8864993 record | -.2044913 .0643739 -3.18 0.001 -.3306619 -.0783208 tax__ | -.2055605 .0175435 -11.72 0.000 -.239945 -.1711759 registration | .5404464 .0813131 6.65 0.000 .3810757 .699817 asc_sq | 2.709549 .1731693 15.65 0.000 2.370143 3.048954 -------------+---------------------------------------------------------------- SD | liability | .965664 .0925612 10.43 0.000 .7842473 1.147081 record | .5050895 .1045302 4.83 0.000 .3002142 .7099649 tax__ | .27341 .0199555 13.70 0.000 .2342979 .312522 registration | 1.207264 .0892716 13.52 0.000 1.032294 1.382233 asc_sq | 3.650989 .1680624 21.72 0.000 3.321593 3.980386 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1748.512 225.3545 7.76 0.000 1306.825 2190.199 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -481.6354 146.4772 -3.29 0.001 -768.7254 -194.5454 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1272.905 234.1291 5.44 0.000 814.0207 1731.79 ------------------------------------------------------------------------------ . clogit choice if Company==1 & employee_0==1, group(choice_sit_id) Iteration 0: log likelihood = -3569.3913 Conditional (fixed-effects) logistic regression Number of obs = 9747 LR chi2(0) = 0.00 Prob > chi2 = . Log likelihood = -3569.3913 Pseudo R2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- ------------------------------------------------------------------------------ **************************************LLC************************************* Conditional (fixed-effects) logistic regression Number of obs = 19,251 LR chi2(6) = 4592.46 Prob > chi2 = 0.0000 Log likelihood = -4753.5641 Pseudo R2 = 0.3257 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.488176 .0435627 34.16 0.000 1.402795 1.573558 record | .0312498 .0404004 0.77 0.439 -.0479335 .1104331 tax__ | -.082435 .0065997 -12.49 0.000 -.0953701 -.0695 registration | .411428 .0460949 8.93 0.000 .3210837 .5017724 fee | -.0002766 .0000173 -16.00 0.000 -.0003105 -.0002427 asc_sq | -.457542 .0803056 -5.70 0.000 -.6149381 -.3001459 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 19,251 LR chi2(5) = 1917.53 Log likelihood = -3794.7984 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0004995 .0000295 -16.94 0.000 -.0005573 -.0004417 liability | 2.479308 .1255469 19.75 0.000 2.233241 2.725375 record | .0225276 .0626957 0.36 0.719 -.1003536 .1454088 tax__ | -.1415633 .0118789 -11.92 0.000 -.1648454 -.1182811 registration | .5992916 .0796125 7.53 0.000 .443254 .7553292 asc_sq | -1.841916 .2129557 -8.65 0.000 -2.259301 -1.42453 -------------+---------------------------------------------------------------- SD | liability | 2.134945 .1175459 18.16 0.000 1.904559 2.365331 record | -.5145777 .1051738 -4.89 0.000 -.7207147 -.3084407 tax__ | .1516384 .0164269 9.23 0.000 .1194423 .1838345 registration | -.9801528 .0904672 -10.83 0.000 -1.157465 -.8028404 asc_sq | 2.700433 .2049322 13.18 0.000 2.298774 3.102093 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 4963.635 351.2942 14.13 0.000 4275.111 5652.159 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 45.10077 126.6117 0.36 0.722 -203.0536 293.2551 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1199.796 191.034 6.28 0.000 825.3766 1574.216 ------------------------------------------------------------------------------ **************************************ST-0************************************* Conditional (fixed-effects) logistic regression Number of obs = 9,639 LR chi2(6) = 2329.40 Prob > chi2 = 0.0000 Log likelihood = -2365.1392 Pseudo R2 = 0.3300 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .8397211 .0822364 10.21 0.000 .6785407 1.000902 record | -.0852169 .0774696 -1.10 0.271 -.2370545 .0666207 tax__ | -.1843261 .0155626 -11.84 0.000 -.2148282 -.153824 registration | .6996592 .0851811 8.21 0.000 .5327073 .8666111 fee | -.0008273 .0000797 -10.39 0.000 -.0009834 -.0006712 asc_sq | 2.065696 .1271893 16.24 0.000 1.816409 2.314982 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 9,639 LR chi2(5) = 1331.65 Log likelihood = -1699.3137 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0015146 .0001281 -11.82 0.000 -.0017658 -.0012635 liability | 1.240151 .1537626 8.07 0.000 .9387824 1.541521 record | -.4171119 .1501199 -2.78 0.005 -.7113416 -.1228822 tax__ | -.3682361 .0374556 -9.83 0.000 -.4416478 -.2948244 registration | .9683246 .1415564 6.84 0.000 .6908791 1.24577 asc_sq | 3.693771 .3126406 11.81 0.000 3.081007 4.306535 -------------+---------------------------------------------------------------- SD | liability | -1.260278 .1944972 -6.48 0.000 -1.641485 -.8790701 record | .9080761 .2311046 3.93 0.000 .4551195 1.361033 tax__ | .3775636 .0402035 9.39 0.000 .2987663 .4563609 registration | .9169465 .1620336 5.66 0.000 .5993664 1.234527 asc_sq | 3.503029 .2649653 13.22 0.000 2.983707 4.022352 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 818.7795 123.8296 6.61 0.000 576.0778 1061.481 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -275.3878 97.02104 -2.84 0.005 -465.5456 -85.2301 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 639.3125 113.7404 5.62 0.000 416.3854 862.2395 ------------------------------------------------------------------------------ . clogit choice if Company==1 & employee_0==1, group(choice_sit_id) Iteration 0: log likelihood = -3569.3913 Conditional (fixed-effects) logistic regression Number of obs = 9747 LR chi2(0) = 0.00 Prob > chi2 = . Log likelihood = -3569.3913 Pseudo R2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- ------------------------------------------------------------------------------ **************************************ST 1-4*********************************** Conditional (fixed-effects) logistic regression Number of obs = 10,719 LR chi2(6) = 1125.30 Prob > chi2 = 0.0000 Log likelihood = -3362.6893 Pseudo R2 = 0.1433 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .4884109 .0598911 8.15 0.000 .3710266 .6057952 record | -.0852033 .0576874 -1.48 0.140 -.1982686 .027862 tax__ | -.1021018 .0114249 -8.94 0.000 -.1244941 -.0797094 registration | .4026236 .0622291 6.47 0.000 .2806568 .5245903 fee | -.0001404 .0000273 -5.15 0.000 -.0001938 -.0000869 asc_sq | 1.371009 .0878473 15.61 0.000 1.198832 1.543187 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 10,719 LR chi2(5) = 1860.15 Log likelihood = -2432.6135 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0003365 .0000412 -8.17 0.000 -.0004172 -.0002559 liability | .6045915 .0969601 6.24 0.000 .4145531 .7946299 record | -.2275178 .0850346 -2.68 0.007 -.3941826 -.060853 tax__ | -.1746097 .0228771 -7.63 0.000 -.219448 -.1297713 registration | .4064416 .114422 3.55 0.000 .1821786 .6307047 asc_sq | 2.208561 .2468616 8.95 0.000 1.724721 2.692401 -------------+---------------------------------------------------------------- SD | liability | .8455785 .125729 6.73 0.000 .5991543 1.092003 record | -.4439138 .151419 -2.93 0.003 -.7406896 -.147138 tax__ | .2529405 .0287006 8.81 0.000 .1966883 .3091927 registration | 1.297707 .1287978 10.08 0.000 1.045267 1.550146 asc_sq | 3.714106 .2413511 15.39 0.000 3.241067 4.187146 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1796.447 375.4992 4.78 0.000 1060.482 2532.412 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -676.0326 243.9709 -2.77 0.006 -1154.207 -197.8584 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1207.676 404.8701 2.98 0.003 414.1454 2001.207 ------------------------------------------------------------------------------ **************************************LLC-0************************************ Conditional (fixed-effects) logistic regression Number of obs = 5,454 LR chi2(6) = 1409.81 Prob > chi2 = 0.0000 Log likelihood = -1292.3702 Pseudo R2 = 0.3529 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.593172 .087171 18.28 0.000 1.42232 1.764024 record | .0564436 .0748759 0.75 0.451 -.0903104 .2031976 tax_ | -.0001834 .0000193 -9.51 0.000 -.0002212 -.0001456 registration | .5435625 .0886028 6.13 0.000 .3699041 .7172208 fee | -.0004624 .0000401 -11.54 0.000 -.0005409 -.0003838 asc_sq | -.3166273 .1483392 -2.13 0.033 -.6073669 -.0258877 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 5,454 LR chi2(5) = 494.34 Log likelihood = -1045.1991 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0009514 .0000867 -10.97 0.000 -.0011214 -.0007813 liability | 2.921949 .2697107 10.83 0.000 2.393326 3.450573 record | .0680591 .1409249 0.48 0.629 -.2081487 .3442669 tax_ | -.0003629 .0000448 -8.11 0.000 -.0004506 -.0002751 registration | .8948991 .1721619 5.20 0.000 .557468 1.23233 asc_sq | -.9725153 .3520446 -2.76 0.006 -1.66251 -.2825206 -------------+---------------------------------------------------------------- SD | liability | 2.448771 .274554 8.92 0.000 1.910656 2.986887 record | .9149728 .1772403 5.16 0.000 .5675881 1.262357 tax_ | .0003401 .0000532 6.39 0.000 .0002358 .0004444 registration | 1.131365 .1900947 5.95 0.000 .7587867 1.503944 asc_sq | 2.101902 .2907531 7.23 0.000 1.532036 2.671767 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 3071.306 320.2987 9.59 0.000 2443.532 3699.08 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 71.53797 150.0204 0.48 0.633 -222.4966 365.5725 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 940.6424 207.2616 4.54 0.000 534.4172 1346.868 ------------------------------------------------------------------------------ . clogit choice if Company==2 & employee_0==1, group(choice_sit_id) Iteration 0: log likelihood = -1957.7271 Conditional (fixed-effects) logistic regression Number of obs = 5346 LR chi2(0) = 0.00 Prob > chi2 = . Log likelihood = -1957.7271 Pseudo R2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- ------------------------------------------------------------------------------ **************************************LLC 1-4********************************** Conditional (fixed-effects) logistic regression Number of obs = 9,315 LR chi2(6) = 2562.02 Prob > chi2 = 0.0000 Log likelihood = -2130.1797 Pseudo R2 = 0.3755 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.645637 .0661153 24.89 0.000 1.516054 1.775221 record | .0174219 .0595619 0.29 0.770 -.0993174 .1341611 tax_ | -.0001225 .0000141 -8.71 0.000 -.0001501 -.0000949 registration | .4253479 .0695666 6.11 0.000 .2889999 .5616959 fee | -.000294 .0000256 -11.47 0.000 -.0003442 -.0002438 asc_sq | -.581938 .1208706 -4.81 0.000 -.81884 -.345036 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 9,315 LR chi2(5) = 874.91 Log likelihood = -1692.7256 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0005287 .0000443 -11.93 0.000 -.0006156 -.0004419 liability | 2.759315 .1892998 14.58 0.000 2.388294 3.130335 record | -.027551 .08955 -0.31 0.758 -.2030658 .1479639 tax_ | -.0002162 .0000264 -8.18 0.000 -.0002681 -.0001644 registration | .6146667 .1203318 5.11 0.000 .3788208 .8505127 asc_sq | -2.536957 .412823 -6.15 0.000 -3.346075 -1.727839 -------------+---------------------------------------------------------------- SD | liability | 2.203182 .1952182 11.29 0.000 1.820561 2.585802 record | -.3096243 .2014856 -1.54 0.124 -.7045289 .0852803 tax_ | .0002234 .0000373 5.99 0.000 .0001503 .0002965 registration | 1.04147 .1515951 6.87 0.000 .7443488 1.338591 asc_sq | -3.209992 .3520238 -9.12 0.000 -3.899946 -2.520038 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 5218.768 505.9691 10.31 0.000 4227.087 6210.449 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -52.10789 167.6252 -0.31 0.756 -380.6472 276.4314 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1162.536 270.3026 4.30 0.000 632.7528 1692.32 ------------------------------------------------------------------------------ . clogit choice if Company==2 & employee_14==1, group(choice_sit_id) Iteration 0: log likelihood = -3243.1035 Conditional (fixed-effects) logistic regression Number of obs = 8856 LR chi2(0) = 0.00 Prob > chi2 = . Log likelihood = -3243.1035 Pseudo R2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- ------------------------------------------------------------------------------ **************************************LLC 5-9********************************** Conditional (fixed-effects) logistic regression Number of obs = 4,482 LR chi2(6) = 754.02 Prob > chi2 = 0.0000 Log likelihood = -1264.3176 Pseudo R2 = 0.2297 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.171286 .0814375 14.38 0.000 1.011671 1.3309 record | .0204594 .083702 0.24 0.807 -.1435935 .1845123 tax_ | -.0000504 .0000191 -2.64 0.008 -.0000879 -.000013 registration | .2591043 .0907452 2.86 0.004 .081247 .4369617 fee | -.0001552 .0000311 -4.99 0.000 -.0002162 -.0000942 asc_sq | -.4841988 .1612725 -3.00 0.003 -.8002871 -.1681105 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 4,482 LR chi2(5) = 559.82 Log likelihood = -984.41008 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0002597 .0000429 -6.05 0.000 -.0003439 -.0001756 liability | 1.741991 .1982361 8.79 0.000 1.353456 2.130527 record | .027237 .1165845 0.23 0.815 -.2012644 .2557384 tax_ | -.0000802 .0000262 -3.06 0.002 -.0001315 -.0000289 registration | .3237367 .1292985 2.50 0.012 .0703164 .577157 asc_sq | -2.396524 .4659895 -5.14 0.000 -3.309846 -1.483201 -------------+---------------------------------------------------------------- SD | liability | 1.877944 .1925238 9.75 0.000 1.500604 2.255283 record | -.4361494 .1787009 -2.44 0.015 -.7863967 -.085902 tax_ | -.000062 .0000805 -0.77 0.441 -.0002196 .0000957 registration | .6305316 .1702021 3.70 0.000 .2969417 .9641215 asc_sq | -3.188186 .3997305 -7.98 0.000 -3.971644 -2.404729 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 6706.873 1383.658 4.85 0.000 3994.953 9418.794 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 104.8657 457.751 0.23 0.819 -792.3098 1002.041 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1246.425 624.0322 2.00 0.046 23.34422 2469.505 ------------------------------------------------------------------------------ . clogit choice if Company==2 & employee_59==1, group(choice_sit_id) Iteration 0: log likelihood = -1611.6642 Conditional (fixed-effects) logistic regression Number of obs = 4401 LR chi2(0) = 0.00 Prob > chi2 = . Log likelihood = -1611.6642 Pseudo R2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- ------------------------------------------------------------------------------ **************************************LLC +1*********************************** Conditional (fixed-effects) logistic regression Number of obs = 13,797 LR chi2(6) = 3247.22 Prob > chi2 = 0.0000 Log likelihood = -3428.9068 Pseudo R2 = 0.3213 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.456366 .0505193 28.83 0.000 1.35735 1.555382 record | .0153026 .0482563 0.32 0.751 -.0792779 .1098831 tax_ | -.0000978 .0000113 -8.69 0.000 -.0001199 -.0000758 registration | .35491 .0543332 6.53 0.000 .2484188 .4614012 fee | -.0002356 .0000196 -12.05 0.000 -.000274 -.0001973 asc_sq | -.5581388 .095563 -5.84 0.000 -.7454389 -.3708387 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 13,797 LR chi2(5) = 1455.03 Log likelihood = -2701.3921 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0004138 .0000308 -13.43 0.000 -.0004742 -.0003535 liability | 2.392426 .1398613 17.11 0.000 2.118303 2.66655 record | -.0042562 .0721461 -0.06 0.953 -.1456601 .1371476 tax_ | -.0001687 .0000193 -8.76 0.000 -.0002065 -.000131 registration | .4966019 .0893349 5.56 0.000 .3215087 .6716951 asc_sq | -2.531035 .286469 -8.84 0.000 -3.092504 -1.969567 -------------+---------------------------------------------------------------- SD | liability | 2.108491 .1326888 15.89 0.000 1.848426 2.368556 record | -.4327485 .1185655 -3.65 0.000 -.6651326 -.2003645 tax_ | -.0001881 .0000295 -6.38 0.000 -.0002459 -.0001303 registration | .8993492 .100149 8.98 0.000 .7030608 1.095638 asc_sq | 3.179271 .2348561 13.54 0.000 2.718961 3.63958 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 5781 519.9084 11.12 0.000 4761.998 6800.001 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -10.2846 173.9947 -0.06 0.953 -351.3079 330.7387 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1199.976 260.0425 4.61 0.000 690.3026 1709.65 ------------------------------------------------------------------------------ ** . clogit choice if Company==2 & employee_1_plus==1, group(choice_sit_id) Iteration 0: log likelihood = -4854.7677 Conditional (fixed-effects) logistic regression Number of obs = 13257 LR chi2(0) = 0.00 Prob > chi2 = . Log likelihood = -4854.7677 Pseudo R2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- ------------------------------------------------------------------------------ Heteroscedastic logistic regression Number of obs = 13797 Number of groups = 4599 LR chi2(1) = 60.06 Log likelihood = -3398.8782 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- variables | liability | 1.154147 .056752 20.34 0.000 1.042915 1.265379 record | .0151459 .0374787 0.40 0.686 -.0583111 .0886029 tax_ | -.0000789 9.15e-06 -8.62 0.000 -.0000968 -.0000609 registration | .2908945 .0437082 6.66 0.000 .2052279 .376561 fee | -.0001924 .0000165 -11.65 0.000 -.0002247 -.00016 asc_sq | -.4339223 .0768452 -5.65 0.000 -.5845361 -.2833086 -------------+---------------------------------------------------------------- het | employee_14 | .3493952 .0474392 7.37 0.000 .2564161 .4423744 ------------------------------------------------------------------------------ ***lrtest (intero) (uno cinque), stats Likelihood-ratio test LR chi2(6) = 68.82 Prob > chi2 = 0.0000 Assumption: (intero) nested in (uno, cinque) Akaike's information criterion and Bayesian information criterion ----------------------------------------------------------------------------- Model | N ll(null) ll(model) df AIC BIC -------------+--------------------------------------------------------------- intero | 13,797 -5052.518 -3428.907 6 6869.814 6915.007 uno | 9,315 -3411.191 -2130.18 6 4272.359 4315.196 cinque | 4,482 -1641.327 -1264.318 6 2540.635 2579.082 ----------------------------------------------------------------------------- Gender **************************************ST************************************* **************************************Male*********************************** Conditional (fixed-effects) logistic regression Number of obs = 11,070 LR chi2(6) = 1394.56 Prob > chi2 = 0.0000 Log likelihood = -3356.5988 Pseudo R2 = 0.1720 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .5775546 .0606704 9.52 0.000 .4586429 .6964664 record | -.0481998 .0584975 -0.82 0.410 -.1628528 .0664532 tax__ | -.1157891 .0117917 -9.82 0.000 -.1389004 -.0926777 registration | .3925253 .0627212 6.26 0.000 .2695941 .5154566 fee | -.0001835 .0000281 -6.54 0.000 -.0002385 -.0001285 asc_sq | 1.508186 .0890213 16.94 0.000 1.333708 1.682665 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 11,070 LR chi2(5) = 1892.35 Log likelihood = -2410.4242 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0003909 .0000424 -9.22 0.000 -.000474 -.0003078 liability | .7241521 .1043942 6.94 0.000 .5195433 .9287609 record | -.1478373 .0851169 -1.74 0.082 -.3146634 .0189888 tax__ | -.2117248 .0256337 -8.26 0.000 -.2619659 -.1614836 registration | .3790593 .1097666 3.45 0.001 .1639208 .5941978 asc_sq | 2.626938 .2639223 9.95 0.000 2.10966 3.144216 -------------+---------------------------------------------------------------- SD | liability | .9911294 .117368 8.44 0.000 .7610923 1.221166 record | .3713439 .183455 2.02 0.043 .0117788 .7309091 tax__ | .3043247 .0294214 10.34 0.000 .2466599 .3619895 registration | 1.111799 .1234592 9.01 0.000 .8698238 1.353775 asc_sq | 3.838373 .2471494 15.53 0.000 3.353969 4.322777 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1852.542 345.1405 5.37 0.000 1176.079 2529.005 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -378.2006 209.6652 -1.80 0.071 -789.1368 32.73561 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 969.7178 324.2929 2.99 0.003 334.1153 1605.32 ------------------------------------------------------------------------------ **************************************Female*********************************** mixlogit choice fee if q1==1 & q41==2, rand (liability record tax__ registration asc_sq) group(choice_sit_id) id (ID) nrep(500) Iteration 0: log likelihood = -3064.521 (not concave) Iteration 1: log likelihood = -2340.6751 Iteration 2: log likelihood = -2296.6815 Iteration 3: log likelihood = -2285.8702 Iteration 4: log likelihood = -2285.5673 Iteration 5: log likelihood = -2285.5665 Iteration 6: log likelihood = -2285.5665 Mixed logit model Number of obs = 10,719 LR chi2(5) = 1654.80 Log likelihood = -2285.5665 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.000521 .0000535 -9.74 0.000 -.0006259 -.0004162 liability | .8542519 .1054421 8.10 0.000 .6475892 1.060915 record | -.2875483 .0993992 -2.89 0.004 -.4823672 -.0927295 tax__ | -.1870937 .0238 -7.86 0.000 -.2337408 -.1404465 registration | .7712426 .1203247 6.41 0.000 .5354104 1.007075 asc_sq | 2.814748 .2393629 11.76 0.000 2.345606 3.283891 -------------+---------------------------------------------------------------- SD | liability | .8310906 .1432131 5.80 0.000 .550398 1.111783 record | .6647466 .149017 4.46 0.000 .3726786 .9568145 tax__ | .2656452 .0289834 9.17 0.000 .2088387 .3224516 registration | 1.180734 .1252018 9.43 0.000 .9353427 1.426125 asc_sq | 3.469991 .2250677 15.42 0.000 3.028867 3.911116 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1639.508 262.8843 6.24 0.000 1124.264 2154.752 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -551.8722 185.7546 -2.97 0.003 -915.9446 -187.7998 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1480.194 296.4842 4.99 0.000 899.0958 2061.292 ------------------------------------------------------------------------------ **************************************LLC************************************* **************************************Male*********************************** Conditional (fixed-effects) logistic regression Number of obs = 12,636 LR chi2(6) = 3018.35 Prob > chi2 = 0.0000 Log likelihood = -3118.1776 Pseudo R2 = 0.3261 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.525986 .0539235 28.30 0.000 1.420297 1.631674 record | .041481 .0503198 0.82 0.410 -.0571441 .140106 tax__ | -.0690528 .0081751 -8.45 0.000 -.0850758 -.0530298 registration | .3348228 .057033 5.87 0.000 .2230401 .4466055 fee | -.0002996 .0000217 -13.82 0.000 -.0003421 -.0002571 asc_sq | -.4622904 .0986727 -4.69 0.000 -.6556854 -.2688955 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 12,636 LR chi2(5) = 1359.53 Log likelihood = -2438.4122 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0005201 .0000364 -14.31 0.000 -.0005914 -.0004489 liability | 2.543994 .153217 16.60 0.000 2.243694 2.844294 record | .0675348 .0773108 0.87 0.382 -.0839916 .2190611 tax__ | -.1127142 .0139149 -8.10 0.000 -.139987 -.0854415 registration | .4668904 .0959658 4.87 0.000 .2788008 .6549799 asc_sq | -2.159619 .3141765 -6.87 0.000 -2.775394 -1.543844 -------------+---------------------------------------------------------------- SD | liability | 2.126817 .1405373 15.13 0.000 1.851369 2.402265 record | -.4561234 .1265834 -3.60 0.000 -.7042223 -.2080246 tax__ | .137916 .0204546 6.74 0.000 .0978256 .1780064 registration | -.9478108 .1075144 -8.82 0.000 -1.158535 -.7370866 asc_sq | 3.185996 .2816022 11.31 0.000 2.634066 3.737927 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 4891.025 413.178 11.84 0.000 4081.211 5700.839 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 129.8408 152.515 0.85 0.395 -169.0831 428.7647 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 897.6327 213.1365 4.21 0.000 479.8929 1315.373 ------------------------------------------------------------------------------ **************************************Female*********************************** Conditional (fixed-effects) logistic regression Number of obs = 6,345 LR chi2(6) = 1557.39 Prob > chi2 = 0.0000 Log likelihood = -1544.8684 Pseudo R2 = 0.3351 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.433214 .0765003 18.73 0.000 1.283276 1.583152 record | .0096787 .0703426 0.14 0.891 -.1281903 .1475477 tax__ | -.1092367 .0115743 -9.44 0.000 -.131922 -.0865514 registration | .533556 .0806969 6.61 0.000 .3753931 .691719 fee | -.0002508 .0000297 -8.44 0.000 -.000309 -.0001926 asc_sq | -.4723897 .142778 -3.31 0.001 -.7522294 -.19255 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 6,345 LR chi2(5) = 547.60 Log likelihood = -1271.07 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0004809 .0000493 -9.75 0.000 -.0005777 -.0003842 liability | 2.307613 .2015735 11.45 0.000 1.912536 2.70269 record | -.0942159 .1074864 -0.88 0.381 -.3048854 .1164537 tax__ | -.1913225 .0216177 -8.85 0.000 -.2336924 -.1489526 registration | .7652178 .1380855 5.54 0.000 .4945751 1.03586 asc_sq | -1.602929 .3254176 -4.93 0.000 -2.240736 -.9651222 -------------+---------------------------------------------------------------- SD | liability | 2.044852 .1968976 10.39 0.000 1.65894 2.430765 record | .4859499 .1692367 2.87 0.004 .1542521 .8176477 tax__ | .1556794 .0293482 5.30 0.000 .0981579 .2132008 registration | .9822249 .1532539 6.41 0.000 .6818528 1.282597 asc_sq | 2.237541 .3056221 7.32 0.000 1.638533 2.836549 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 4798.096 610.6191 7.86 0.000 3601.305 5994.888 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -195.898 215.0775 -0.91 0.362 -617.4422 225.6461 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1591.076 365.8541 4.35 0.000 874.0155 2308.137 ------------------------------------------------------------------------------ Ethnicity **************************************ST************************************* **************************************White British***************************** Conditional (fixed-effects) logistic regression Number of obs = 18,981 LR chi2(6) = 2913.51 Prob > chi2 = 0.0000 Log likelihood = -5494.1628 Pseudo R2 = 0.2096 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .5947416 .0487716 12.19 0.000 .4991509 .6903323 record | -.0228634 .0468895 -0.49 0.626 -.1147651 .0690382 tax__ | -.1244426 .0094383 -13.18 0.000 -.1429413 -.1059438 registration | .4779906 .0504017 9.48 0.000 .379205 .5767762 fee | -.0002048 .000024 -8.55 0.000 -.0002518 -.0001579 asc_sq | 1.724059 .0714019 24.15 0.000 1.584114 1.864005 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 18,981 LR chi2(5) = 3054.28 Log likelihood = -3967.025 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0004596 .0000369 -12.47 0.000 -.0005319 -.0003874 liability | .7846434 .0835318 9.39 0.000 .620924 .9483627 record | -.1994163 .0736023 -2.71 0.007 -.3436741 -.0551585 tax__ | -.2348847 .0201789 -11.64 0.000 -.2744346 -.1953348 registration | .4872244 .092983 5.24 0.000 .3049811 .6694676 asc_sq | 2.952852 .1977717 14.93 0.000 2.565227 3.340478 -------------+---------------------------------------------------------------- SD | liability | .9681817 .1028905 9.41 0.000 .76652 1.169844 record | .5917633 .1168 5.07 0.000 .3628394 .8206872 tax__ | -.2901026 .0220725 -13.14 0.000 -.3333639 -.2468413 registration | 1.283774 .0962916 13.33 0.000 1.095046 1.472502 asc_sq | 3.710898 .1817873 20.41 0.000 3.354602 4.067195 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1707.213 233.5031 7.31 0.000 1249.555 2164.871 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -433.8864 154.995 -2.80 0.005 -737.6711 -130.1018 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1060.094 237.8844 4.46 0.000 593.8491 1526.339 ------------------------------------------------------------------------------ **************************************Other***************************** Conditional (fixed-effects) logistic regression Number of obs = 3,078 LR chi2(6) = 185.84 Prob > chi2 = 0.0000 Log likelihood = -1034.2578 Pseudo R2 = 0.0824 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .5946967 .1043013 5.70 0.000 .39027 .7991234 record | -.1379033 .0964057 -1.43 0.153 -.3268549 .0510484 tax__ | -.0516997 .0192119 -2.69 0.007 -.0893543 -.014045 registration | .7058995 .1083489 6.52 0.000 .4935395 .9182595 fee | -.0000721 .0000511 -1.41 0.158 -.0001722 .0000279 asc_sq | 1.237139 .1518119 8.15 0.000 .9395934 1.534685 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 3,078 LR chi2(5) = 498.44 Log likelihood = -785.03961 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0002474 .000068 -3.64 0.000 -.0003807 -.0001142 liability | .6954025 .156118 4.45 0.000 .3894168 1.001388 record | -.2521562 .1323591 -1.91 0.057 -.5115752 .0072628 tax__ | -.0849722 .0320899 -2.65 0.008 -.1478672 -.0220773 registration | .7437014 .1614625 4.61 0.000 .4272406 1.060162 asc_sq | 1.38381 .3828396 3.61 0.000 .6334579 2.134162 -------------+---------------------------------------------------------------- SD | liability | .7822857 .2046016 3.82 0.000 .3812739 1.183297 record | -.2319109 .4267538 -0.54 0.587 -1.068333 .6045112 tax__ | .1769898 .0386553 4.58 0.000 .1012269 .2527527 registration | .8060809 .1902644 4.24 0.000 .4331695 1.178992 asc_sq | 3.290633 .3797494 8.67 0.000 2.546338 4.034928 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 2810.421 1010.277 2.78 0.005 830.3148 4790.527 ------------------------------------------------------------------------------ nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -1019.072 538.1991 -1.89 0.058 -2073.923 35.77906 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 3005.617 1152.54 2.61 0.009 746.6798 5264.555 ------------------------------------------------------------------------------ **************************************LLC************************************* **************************************White British***************************** Conditional (fixed-effects) logistic regression Number of obs = 16,173 LR chi2(6) = 3954.77 Prob > chi2 = 0.0000 Log likelihood = -3945.2323 Pseudo R2 = 0.3339 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.555633 .0488135 31.87 0.000 1.45996 1.651306 record | .0185952 .0446085 0.42 0.677 -.0688358 .1060262 tax__ | -.0806804 .0072639 -11.11 0.000 -.0949172 -.0664435 registration | .4402031 .0515532 8.54 0.000 .3391607 .5412455 fee | -.0002941 .0000192 -15.32 0.000 -.0003317 -.0002565 asc_sq | -.4014535 .0886209 -4.53 0.000 -.5751472 -.2277599 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 16,173 LR chi2(5) = 1734.12 Log likelihood = -3078.1709 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.000559 .0000341 -16.38 0.000 -.0006259 -.0004921 liability | 2.696178 .1456637 18.51 0.000 2.410682 2.981673 record | -.0058528 .0699925 -0.08 0.933 -.1430357 .13133 tax__ | -.1415399 .0134051 -10.56 0.000 -.1678135 -.1152663 registration | .6403913 .0922321 6.94 0.000 .4596196 .821163 asc_sq | -2.028204 .2561528 -7.92 0.000 -2.530254 -1.526154 -------------+---------------------------------------------------------------- SD | liability | 2.151905 .1310525 16.42 0.000 1.895047 2.408763 record | .484649 .1182432 4.10 0.000 .2528966 .7164013 tax__ | .1597011 .0190216 8.40 0.000 .1224194 .1969828 registration | 1.09539 .1054759 10.39 0.000 .888661 1.302119 asc_sq | 2.990173 .2244857 13.32 0.000 2.550189 3.430157 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 4823.364 348.2467 13.85 0.000 4140.813 5505.915 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -10.47052 124.9565 -0.08 0.933 -255.3807 234.4397 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1145.637 195.1816 5.87 0.000 763.0879 1528.186 ------------------------------------------------------------------------------ **************************************Other***************************** Conditional (fixed-effects) logistic regression Number of obs = 3,078 LR chi2(6) = 658.39 Prob > chi2 = 0.0000 Log likelihood = -797.98272 Pseudo R2 = 0.2921 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.203998 .0985774 12.21 0.000 1.01079 1.397206 record | .069028 .0960592 0.72 0.472 -.1192447 .2573006 tax__ | -.0898361 .0159126 -5.65 0.000 -.1210242 -.0586479 registration | .2937731 .1044219 2.81 0.005 .0891099 .4984363 fee | -.0002033 .0000402 -5.06 0.000 -.0002821 -.0001245 asc_sq | -.7288896 .1929035 -3.78 0.000 -1.106973 -.3508058 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 3,078 LR chi2(5) = 194.86 Log likelihood = -700.55234 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0002785 .0000541 -5.15 0.000 -.0003845 -.0001725 liability | 1.681538 .2170411 7.75 0.000 1.256146 2.106931 record | .0863361 .127239 0.68 0.497 -.1630477 .3357198 tax__ | -.1238725 .0222901 -5.56 0.000 -.1675602 -.0801847 registration | .4399694 .1434736 3.07 0.002 .1587664 .7211725 asc_sq | -1.517057 .3888028 -3.90 0.000 -2.279097 -.7550177 -------------+---------------------------------------------------------------- SD | liability | 1.597237 .2060142 7.75 0.000 1.193457 2.001017 record | .2522251 .3089421 0.82 0.414 -.3532903 .8577405 tax__ | -.0853984 .041845 -2.04 0.041 -.1674131 -.0033836 registration | -.4714166 .2048933 -2.30 0.021 -.8730001 -.069833 asc_sq | 1.757822 .3182736 5.52 0.000 1.134018 2.381627 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 6037.833 1422.875 4.24 0.000 3249.05 8826.617 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 310.0035 488.3763 0.63 0.526 -647.1964 1267.203 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1579.781 697.3646 2.27 0.023 212.9713 2946.59 ------------------------------------------------------------------------------ Consequenciality **************************************ST************************************* **************************************Likely********************************* Conditional (fixed-effects) logistic regression Number of obs = 8,370 LR chi2(6) = 380.40 Prob > chi2 = 0.0000 Log likelihood = -2874.9291 Pseudo R2 = 0.0621 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .3719929 .0599644 6.20 0.000 .2544648 .489521 record | -.0704375 .0585249 -1.20 0.229 -.1851442 .0442692 tax__ | -.0576724 .0115264 -5.00 0.000 -.0802637 -.035081 registration | .3972336 .0622586 6.38 0.000 .2752091 .5192581 fee | -.0001608 .0000278 -5.78 0.000 -.0002154 -.0001063 asc_sq | .8169743 .0906189 9.02 0.000 .6393644 .9945842 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 8,370 LR chi2(5) = 1387.57 Log likelihood = -2181.1435 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0003325 .0000407 -8.17 0.000 -.0004122 -.0002528 liability | .4726659 .0967748 4.88 0.000 .2829907 .6623412 record | -.1992027 .0870305 -2.29 0.022 -.3697794 -.028626 tax__ | -.1136991 .0242132 -4.70 0.000 -.1611561 -.066242 registration | .4427815 .1092062 4.05 0.000 .2287413 .6568217 asc_sq | 1.093335 .2572463 4.25 0.000 .5891412 1.597528 -------------+---------------------------------------------------------------- SD | liability | .8275394 .12759 6.49 0.000 .5774675 1.077611 record | -.4239877 .1397943 -3.03 0.002 -.6979795 -.149996 tax__ | .2921504 .0301879 9.68 0.000 .2329831 .3513177 registration | 1.100873 .119092 9.24 0.000 .8674564 1.334289 asc_sq | 3.405074 .2558863 13.31 0.000 2.903546 3.906602 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1421.613 353.5141 4.02 0.000 728.7383 2114.488 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -599.1318 249.7249 -2.40 0.016 -1088.584 -109.68 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1331.731 400.2796 3.33 0.001 547.1978 2116.265 ------------------------------------------------------------------------------ . clogit choice if q1==1 & conseq==1 & conseq_==1, group(choice_sit_id) Iteration 0: log likelihood = -3065.1283 Conditional (fixed-effects) logistic regression Number of obs = 8370 LR chi2(0) = 0.00 Prob > chi2 = . Log likelihood = -3065.1283 Pseudo R2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- ------------------------------------------------------------------------------ **************************************Unikely***************************** Conditional (fixed-effects) logistic regression Number of obs = 7,425 LR chi2(6) = 2119.90 Prob > chi2 = 0.0000 Log likelihood = -1659.1133 Pseudo R2 = 0.3898 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .872993 .0997119 8.76 0.000 .6775613 1.068425 record | -.069789 .0927763 -0.75 0.452 -.2516273 .1120493 tax__ | -.2015824 .0194218 -10.38 0.000 -.2396484 -.1635164 registration | .5319506 .1011483 5.26 0.000 .3337035 .7301977 fee | -.0004518 .0000639 -7.07 0.000 -.0005771 -.0003264 asc_sq | 2.419146 .1462274 16.54 0.000 2.132545 2.705746 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 7,425 LR chi2(5) = 886.49 Log likelihood = -1215.8663 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0008722 .0000968 -9.01 0.000 -.0010619 -.0006826 liability | 1.124218 .1734595 6.48 0.000 .7842442 1.464193 record | -.4202896 .1653632 -2.54 0.011 -.7443956 -.0961836 tax__ | -.3421889 .038811 -8.82 0.000 -.4182571 -.2661207 registration | .588238 .1755752 3.35 0.001 .2441169 .9323591 asc_sq | 4.188508 .3548737 11.80 0.000 3.492968 4.884047 -------------+---------------------------------------------------------------- SD | liability | 1.156124 .2243366 5.15 0.000 .7164324 1.595816 record | -.9998775 .1884712 -5.31 0.000 -1.369274 -.6304807 tax__ | .2899048 .0440972 6.57 0.000 .2034758 .3763338 registration | 1.283444 .2160132 5.94 0.000 .8600656 1.706822 asc_sq | 3.284296 .2760324 11.90 0.000 2.743283 3.82531 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1288.881 243.6415 5.29 0.000 811.3528 1766.41 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -481.8489 181.77 -2.65 0.008 -838.1114 -125.5863 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 674.3965 226.1832 2.98 0.003 231.0856 1117.707 ------------------------------------------------------------------------------ . clogit choice if q1==1 & conseq==2 & conseq_==2, group(choice_sit_id) Iteration 0: log likelihood = -2719.0654 Conditional (fixed-effects) logistic regression Number of obs = 7425 LR chi2(0) = 0.00 Prob > chi2 = . Log likelihood = -2719.0654 Pseudo R2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- ------------------------------------------------------------------------------ **************************************LLC************************************* **************************************Likely***************************** Conditional (fixed-effects) logistic regression Number of obs = 9,045 LR chi2(6) = 2022.03 Prob > chi2 = 0.0000 Log likelihood = -2301.2996 Pseudo R2 = 0.3052 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.302208 .0585659 22.23 0.000 1.187421 1.416995 record | .0497162 .0555049 0.90 0.370 -.0590714 .1585038 tax__ | -.0700811 .0092319 -7.59 0.000 -.0881753 -.0519868 registration | .3628663 .0626725 5.79 0.000 .2400304 .4857022 fee | -.000221 .0000235 -9.41 0.000 -.000267 -.000175 asc_sq | -.6998603 .1125766 -6.22 0.000 -.9205065 -.4792142 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 9,045 LR chi2(5) = 778.47 Log likelihood = -1912.067 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.00036 .0000354 -10.16 0.000 -.0004295 -.0002906 liability | 2.01833 .148648 13.58 0.000 1.726986 2.309675 record | .0770694 .0807756 0.95 0.340 -.0812479 .2353866 tax__ | -.1106524 .0146665 -7.54 0.000 -.1393982 -.0819065 registration | .4967867 .0988467 5.03 0.000 .3030508 .6905227 asc_sq | -2.095528 .2851934 -7.35 0.000 -2.654496 -1.536559 -------------+---------------------------------------------------------------- SD | liability | 1.878103 .1447046 12.98 0.000 1.594487 2.161718 record | .4564389 .1278419 3.57 0.000 .2058734 .7070044 tax__ | .1097982 .0236862 4.64 0.000 .063374 .1562223 registration | .8168347 .1104653 7.39 0.000 .6003266 1.033343 asc_sq | 2.546183 .2588837 9.84 0.000 2.038781 3.053586 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 5606.239 671.4174 8.35 0.000 4290.286 6922.193 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 214.0726 233.7064 0.92 0.360 -243.9835 672.1287 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1379.906 345.0812 4.00 0.000 703.5588 2056.252 ------------------------------------------------------------------------------ **************************************Unikely***************************** Conditional (fixed-effects) logistic regression Number of obs = 5,211 LR chi2(6) = 1302.79 Prob > chi2 = 0.0000 Log likelihood = -1256.8965 Pseudo R2 = 0.3413 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.6513 .0903568 18.28 0.000 1.474204 1.828396 record | -.0312313 .0807464 -0.39 0.699 -.1894913 .1270287 tax__ | -.1001026 .0133375 -7.51 0.000 -.1262436 -.0739617 registration | .4303051 .0945808 4.55 0.000 .2449302 .6156799 fee | -.0003396 .0000352 -9.65 0.000 -.0004086 -.0002707 asc_sq | -.2832372 .1591081 -1.78 0.075 -.5950833 .0286089 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 5,211 LR chi2(5) = 592.71 Log likelihood = -960.54054 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0007053 .0000741 -9.52 0.000 -.0008506 -.00056 liability | 2.957706 .2839015 10.42 0.000 2.40127 3.514143 record | -.1190495 .1434217 -0.83 0.407 -.4001509 .162052 tax__ | -.1938928 .0318955 -6.08 0.000 -.2564068 -.1313788 registration | .6007009 .1881049 3.19 0.001 .2320221 .9693798 asc_sq | -2.118109 .530948 -3.99 0.000 -3.158748 -1.07747 -------------+---------------------------------------------------------------- SD | liability | 2.390721 .2808283 8.51 0.000 1.840308 2.941134 record | .6861546 .2146213 3.20 0.001 .2655045 1.106805 tax__ | .2617677 .0399127 6.56 0.000 .1835402 .3399951 registration | 1.431749 .2226046 6.43 0.000 .9954517 1.868046 asc_sq | 3.524424 .5266028 6.69 0.000 2.492301 4.556546 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 4193.395 496.7068 8.44 0.000 3219.868 5166.923 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -168.7867 197.1445 -0.86 0.392 -555.1829 217.6095 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 851.6655 300.6253 2.83 0.005 262.4508 1440.88 ------------------------------------------------------------------------------ Income **************************************ST************************************* **************************************Low********************************* Conditional (fixed-effects) logistic regression Number of obs = 13,257 LR chi2(6) = 2217.08 Prob > chi2 = 0.0000 Log likelihood = -3746.2285 Pseudo R2 = 0.2283 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .6099153 .0597044 10.22 0.000 .4928969 .7269338 record | -.0518055 .0568924 -0.91 0.363 -.1633125 .0597014 tax__ | -.1417111 .0116302 -12.18 0.000 -.164506 -.1189163 registration | .5397092 .0608058 8.88 0.000 .420532 .6588865 fee | -.00033 .0000395 -8.35 0.000 -.0004075 -.0002525 asc_sq | 1.78193 .0844952 21.09 0.000 1.616322 1.947537 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 13,257 LR chi2(5) = 2068.43 Log likelihood = -2712.014 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.000664 .0000592 -11.22 0.000 -.00078 -.000548 liability | .8544533 .1008355 8.47 0.000 .6568193 1.052087 record | -.2105408 .0953042 -2.21 0.027 -.3973336 -.0237481 tax__ | -.2490784 .0245732 -10.14 0.000 -.2972409 -.2009159 registration | .6882748 .1096582 6.28 0.000 .4733487 .9032008 asc_sq | 3.056612 .2355637 12.98 0.000 2.594915 3.518308 -------------+---------------------------------------------------------------- SD | liability | .9970881 .1341201 7.43 0.000 .7342175 1.259959 record | .6031105 .1669253 3.61 0.000 .2759428 .9302781 tax__ | .2872058 .0272701 10.53 0.000 .2337574 .3406543 registration | 1.150977 .1288135 8.94 0.000 .8985077 1.403447 asc_sq | 3.705092 .2411266 15.37 0.000 3.232492 4.177691 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1286.841 187.6696 6.86 0.000 919.0159 1654.667 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -317.0831 142.3836 -2.23 0.026 -596.1498 -38.01635 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1036.57 200.129 5.18 0.000 644.3242 1428.816 ------------------------------------------------------------------------------ . clogit choice if q1==1 & conseq==1 & conseq_==1, group(choice_sit_id) Iteration 0: log likelihood = -3065.1283 Conditional (fixed-effects) logistic regression Number of obs = 8370 LR chi2(0) = 0.00 Prob > chi2 = . Log likelihood = -3065.1283 Pseudo R2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- ------------------------------------------------------------------------------ **************************************ST************************************* **************************************High******************************** Conditional (fixed-effects) logistic regression Number of obs = 5,670 LR chi2(6) = 469.08 Prob > chi2 = 0.0000 Log likelihood = -1841.8364 Pseudo R2 = 0.1130 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .5656648 .080334 7.04 0.000 .4082131 .7231165 record | -.0883231 .0794957 -1.11 0.267 -.2441318 .0674856 tax__ | -.0775701 .014903 -5.21 0.000 -.1067794 -.0483608 registration | .3979418 .085473 4.66 0.000 .2304178 .5654658 fee | -.0001831 .0000333 -5.50 0.000 -.0002484 -.0001179 asc_sq | 1.129099 .1286628 8.78 0.000 .8769246 1.381273 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 5,670 LR chi2(5) = 920.52 Log likelihood = -1381.577 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.000312 .0000475 -6.57 0.000 -.0004051 -.0002189 liability | .7295639 .1236564 5.90 0.000 .4872018 .9719261 record | -.2133673 .1129321 -1.89 0.059 -.4347101 .0079756 tax__ | -.1445069 .0303908 -4.75 0.000 -.2040719 -.084942 registration | .4196504 .1457421 2.88 0.004 .1340012 .7052997 asc_sq | 1.704448 .3018166 5.65 0.000 1.112899 2.295998 -------------+---------------------------------------------------------------- SD | liability | .7227513 .1548781 4.67 0.000 .4191957 1.026307 record | .4565468 .1910224 2.39 0.017 .0821497 .8309439 tax__ | .2612141 .0362474 7.21 0.000 .1901704 .3322577 registration | 1.127217 .1476881 7.63 0.000 .8377537 1.41668 asc_sq | 3.326321 .2933437 11.34 0.000 2.751378 3.901265 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 2338.507 566.9186 4.12 0.000 1227.367 3449.647 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -683.9164 335.0216 -2.04 0.041 -1340.547 -27.28617 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1345.126 569.2774 2.36 0.018 229.3626 2460.889 ------------------------------------------------------------------------------ . clogit choice if q1==1 & conseq==2 & conseq_==2, group(choice_sit_id) Iteration 0: log likelihood = -2719.0654 Conditional (fixed-effects) logistic regression Number of obs = 7425 LR chi2(0) = 0.00 Prob > chi2 = . Log likelihood = -2719.0654 Pseudo R2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- ------------------------------------------------------------------------------ **************************************LLC************************************* **************************************Low******************************** Conditional (fixed-effects) logistic regression Number of obs = 6,426 LR chi2(6) = 1428.18 Prob > chi2 = 0.0000 Log likelihood = -1639.1352 Pseudo R2 = 0.3035 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.458996 .0722114 20.20 0.000 1.317464 1.600527 record | -.0290754 .0631414 -0.46 0.645 -.1528303 .0946795 tax__ | -.0814962 .0115697 -7.04 0.000 -.1041725 -.05882 registration | .4730228 .073966 6.40 0.000 .328052 .6179935 fee | -.0003397 .0000329 -10.33 0.000 -.0004042 -.0002752 asc_sq | -.4093597 .1239144 -3.30 0.001 -.6522274 -.166492 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 6,426 LR chi2(5) = 586.24 Log likelihood = -1346.0174 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0005718 .000055 -10.40 0.000 -.0006795 -.0004641 liability | 2.240377 .1823787 12.28 0.000 1.882921 2.597833 record | -.0254672 .0946237 -0.27 0.788 -.2109263 .1599918 tax__ | -.1290307 .0197639 -6.53 0.000 -.1677673 -.0902942 registration | .6055839 .1257705 4.81 0.000 .3590782 .8520896 asc_sq | -1.791329 .3769233 -4.75 0.000 -2.530085 -1.052573 -------------+---------------------------------------------------------------- SD | liability | 1.714329 .174989 9.80 0.000 1.371357 2.057301 record | -.4480671 .1787314 -2.51 0.012 -.7983742 -.0977601 tax__ | .1484623 .0277645 5.35 0.000 .094045 .2028797 registration | 1.026504 .1524217 6.73 0.000 .7277632 1.325245 asc_sq | 2.697892 .3161051 8.53 0.000 2.078337 3.317447 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 3918.175 429.4848 9.12 0.000 3076.401 4759.95 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -44.53943 164.2358 -0.27 0.786 -366.4357 277.3568 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1059.1 260.9371 4.06 0.000 547.673 1570.528 ------------------------------------------------------------------------------ **************************************LLC************************************* **************************************High******************************** Conditional (fixed-effects) logistic regression Number of obs = 7,938 LR chi2(6) = 1983.90 Prob > chi2 = 0.0000 Log likelihood = -1914.9766 Pseudo R2 = 0.3412 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.409507 .0690915 20.40 0.000 1.27409 1.544924 record | .0683549 .0677897 1.01 0.313 -.0645105 .2012204 tax__ | -.0925144 .0102198 -9.05 0.000 -.1125449 -.0724839 registration | .3418732 .0756943 4.52 0.000 .1935151 .4902314 fee | -.000304 .0000273 -11.14 0.000 -.0003575 -.0002506 asc_sq | -.6380511 .1349265 -4.73 0.000 -.9025022 -.3736 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 7,938 LR chi2(5) = 747.82 Log likelihood = -1541.0688 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0004986 .0000432 -11.54 0.000 -.0005833 -.0004139 liability | 2.264267 .1832567 12.36 0.000 1.905091 2.623444 record | .0665969 .0995094 0.67 0.503 -.128438 .2616318 tax__ | -.1571276 .0183571 -8.56 0.000 -.1931069 -.1211482 registration | .4729035 .1195401 3.96 0.000 .2386091 .7071978 asc_sq | -2.087269 .3488814 -5.98 0.000 -2.771064 -1.403474 -------------+---------------------------------------------------------------- SD | liability | 2.042975 .1783475 11.46 0.000 1.693421 2.39253 record | .4192506 .1588014 2.64 0.008 .1080055 .7304956 tax__ | .14452 .023723 6.09 0.000 .0980238 .1910163 registration | .822833 .1324622 6.21 0.000 .5632119 1.082454 asc_sq | 2.674734 .3871431 6.91 0.000 1.915948 3.433521 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 4540.965 511.5068 8.88 0.000 3538.43 5543.499 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 133.5594 205.3884 0.65 0.516 -268.9946 536.1134 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 948.403 281.4877 3.37 0.001 396.6973 1500.109 ------------------------------------------------------------------------------ **************************************ST************************************* **************************************Covid******************************** Conditional (fixed-effects) logistic regression Number of obs = 16,605 LR chi2(6) = 2100.17 Prob > chi2 = 0.0000 Log likelihood = -5030.7329 Pseudo R2 = 0.1727 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .6132433 .0501293 12.23 0.000 .5149917 .7114949 record | -.0654852 .047785 -1.37 0.171 -.159142 .0281716 tax__ | -.1182556 .0096154 -12.30 0.000 -.1371015 -.0994098 registration | .4774313 .0516036 9.25 0.000 .37629 .5785725 fee | -.0002136 .0000249 -8.56 0.000 -.0002625 -.0001647 asc_sq | 1.541673 .073336 21.02 0.000 1.397937 1.685409 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 16,605 LR chi2(5) = 2588.38 Log likelihood = -3736.5407 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0004418 .000037 -11.94 0.000 -.0005143 -.0003693 liability | .831776 .0829252 10.03 0.000 .6692455 .9943064 record | -.188083 .0725494 -2.59 0.010 -.3302772 -.0458888 tax__ | -.2145179 .0198857 -10.79 0.000 -.2534932 -.1755426 registration | .5206221 .0933861 5.57 0.000 .3375886 .7036556 asc_sq | 2.479873 .1900459 13.05 0.000 2.10739 2.852356 -------------+---------------------------------------------------------------- SD | liability | .8894106 .0949948 9.36 0.000 .7032243 1.075597 record | .4302239 .1611882 2.67 0.008 .1143008 .746147 tax__ | .2867314 .0234831 12.21 0.000 .2407053 .3327575 registration | 1.255102 .1071814 11.71 0.000 1.04503 1.465174 asc_sq | 3.454559 .1763646 19.59 0.000 3.108891 3.800228 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1882.891 248.1754 7.59 0.000 1396.476 2369.306 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -425.7635 159.1626 -2.68 0.007 -737.7165 -113.8105 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1178.532 253.8862 4.64 0.000 680.9242 1676.14 ------------------------------------------------------------------------------ . clogit choice if q1==1 & conseq==1 & conseq_==1, group(choice_sit_id) Iteration 0: log likelihood = -3065.1283 Conditional (fixed-effects) logistic regression Number of obs = 8370 LR chi2(0) = 0.00 Prob > chi2 = . Log likelihood = -3065.1283 Pseudo R2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- ------------------------------------------------------------------------------ **************************************ST************************************* **************************************No-Covid******************************** Conditional (fixed-effects) logistic regression Number of obs = 5,454 LR chi2(6) = 936.44 Prob > chi2 = 0.0000 Log likelihood = -1529.0588 Pseudo R2 = 0.2344 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .4939883 .0924058 5.35 0.000 .3128763 .6751004 record | .026121 .0898582 0.29 0.771 -.1499979 .2022399 tax__ | -.0900228 .0179264 -5.02 0.000 -.125158 -.0548876 registration | .6144437 .0974663 6.30 0.000 .4234132 .8054742 fee | -.0001132 .0000436 -2.59 0.010 -.0001987 -.0000276 asc_sq | 1.950873 .1350082 14.45 0.000 1.686262 2.215485 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 5,454 LR chi2(5) = 1001.70 Log likelihood = -1028.2069 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0003539 .0000671 -5.27 0.000 -.0004855 -.0002223 liability | .5378507 .1497271 3.59 0.000 .244391 .8313105 record | -.2336111 .146274 -1.60 0.110 -.5203029 .0530806 tax__ | -.167448 .0359179 -4.66 0.000 -.2378456 -.0970503 registration | .5285987 .1701697 3.11 0.002 .1950722 .8621251 asc_sq | 3.737059 .4547501 8.22 0.000 2.845765 4.628353 -------------+---------------------------------------------------------------- SD | liability | .8566947 .179206 4.78 0.000 .5054574 1.207932 record | .6692008 .1914116 3.50 0.000 .294041 1.044361 tax__ | .242549 .0418408 5.80 0.000 .1605424 .3245555 registration | 1.125624 .2207189 5.10 0.000 .6930227 1.558225 asc_sq | 4.102753 .3851294 10.65 0.000 3.347913 4.857593 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1519.923 540.278 2.81 0.005 460.9973 2578.848 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -660.1662 393.0947 -1.68 0.093 -1430.618 110.2854 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1493.777 622.9969 2.40 0.016 272.7255 2714.829 ------------------------------------------------------------------------------ clogit choice if q1==1 & conseq==2 & conseq_==2, group(choice_sit_id) Iteration 0: log likelihood = -2719.0654 Conditional (fixed-effects) logistic regression Number of obs = 7425 LR chi2(0) = 0.00 Prob > chi2 = . Log likelihood = -2719.0654 Pseudo R2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- ------------------------------------------------------------------------------ **************************************LLC************************************* **************************************Covid******************************** Conditional (fixed-effects) logistic regression Number of obs = 15,120 LR chi2(6) = 3689.99 Prob > chi2 = 0.0000 Log likelihood = -3692.0109 Pseudo R2 = 0.3332 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.439114 .0483024 29.79 0.000 1.344443 1.533785 record | .0252224 .045596 0.55 0.580 -.0641442 .114589 tax__ | -.0802726 .0073819 -10.87 0.000 -.0947409 -.0658043 registration | .3722 .051668 7.20 0.000 .2709325 .4734675 fee | -.0002733 .0000192 -14.26 0.000 -.0003109 -.0002358 asc_sq | -.6142635 .0912983 -6.73 0.000 -.7932049 -.435322 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 15,120 LR chi2(5) = 1390.42 Log likelihood = -2996.8014 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0004724 .0000312 -15.12 0.000 -.0005336 -.0004112 liability | 2.347678 .1321347 17.77 0.000 2.088699 2.606657 record | .0043962 .0681654 0.06 0.949 -.1292055 .1379979 tax__ | -.1360626 .0129759 -10.49 0.000 -.1614949 -.1106302 registration | .5313601 .0863675 6.15 0.000 .3620829 .7006373 asc_sq | -1.982793 .2444963 -8.11 0.000 -2.461997 -1.503589 -------------+---------------------------------------------------------------- SD | liability | 2.094865 .1329118 15.76 0.000 1.834363 2.355367 record | -.4213713 .1159227 -3.63 0.000 -.6485755 -.194167 tax__ | .1432649 .0181927 7.87 0.000 .1076078 .178922 registration | -.9142899 .0986924 -9.26 0.000 -1.107724 -.7208563 asc_sq | 2.520644 .1961253 12.85 0.000 2.136246 2.905043 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 4969.594 401.3477 12.38 0.000 4182.967 5756.221 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 9.30589 144.5592 0.06 0.949 -274.025 292.6367 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1124.79 216.9304 5.19 0.000 699.6141 1549.966 ------------------------------------------------------------------------------ **************************************LLC************************************* **************************************No-Covid******************************** Conditional (fixed-effects) logistic regression Number of obs = 4,131 LR chi2(6) = 928.55 Prob > chi2 = 0.0000 Log likelihood = -1048.5131 Pseudo R2 = 0.3069 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.682838 .1011764 16.63 0.000 1.484536 1.88114 record | .0413094 .0875529 0.47 0.637 -.1302911 .2129099 tax__ | -.0915922 .0147652 -6.20 0.000 -.1205314 -.062653 registration | .5528555 .1030799 5.36 0.000 .3508226 .7548883 fee | -.0003046 .0000405 -7.52 0.000 -.0003839 -.0002252 asc_sq | .0636688 .1715986 0.37 0.711 -.2726583 .3999958 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 4,131 LR chi2(5) = 522.01 Log likelihood = -787.50621 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0006497 .0000804 -8.08 0.000 -.0008073 -.0004921 liability | 3.005921 .3225121 9.32 0.000 2.373809 3.638033 record | .085134 .154038 0.55 0.580 -.216775 .387043 tax__ | -.1618385 .0294641 -5.49 0.000 -.219587 -.10409 registration | .8452386 .1857173 4.55 0.000 .4812395 1.209238 asc_sq | -1.304283 .5802266 -2.25 0.025 -2.441507 -.1670599 -------------+---------------------------------------------------------------- SD | liability | 2.284735 .3060234 7.47 0.000 1.68494 2.88453 record | .7399687 .2191296 3.38 0.001 .3104826 1.169455 tax__ | .1939184 .0383005 5.06 0.000 .1188508 .2689861 registration | .9699722 .2174551 4.46 0.000 .5437679 1.396176 asc_sq | 3.315162 .6483241 5.11 0.000 2.04447 4.585854 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 4626.597 646.5179 7.16 0.000 3359.445 5893.748 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 131.0349 242.7107 0.54 0.589 -344.6692 606.7391 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1300.958 351.7583 3.70 0.000 611.525 1990.392 ------------------------------------------------------------------------------ **************************************ST************************************* **************************************2020-2019-2018************************* Conditional (fixed-effects) logistic regression Number of obs = 6,021 LR chi2(6) = 450.08 Prob > chi2 = 0.0000 Log likelihood = -1979.8735 Pseudo R2 = 0.1021 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .5790432 .0763439 7.58 0.000 .4294118 .7286745 record | .0306789 .0722893 0.42 0.671 -.1110054 .1723633 tax__ | -.0817453 .0143798 -5.68 0.000 -.1099291 -.0535615 registration | .5485659 .078274 7.01 0.000 .3951516 .7019802 fee | -.0001684 .0000422 -3.99 0.000 -.0002511 -.0000858 asc_sq | 1.324657 .1109302 11.94 0.000 1.107238 1.542076 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 6,021 LR chi2(5) = 1070.86 Log likelihood = -1444.4447 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0003562 .0000609 -5.84 0.000 -.0004757 -.0002368 liability | .8052681 .1207525 6.67 0.000 .5685975 1.041939 record | .0108383 .0952089 0.11 0.909 -.1757678 .1974445 tax__ | -.1446287 .0306002 -4.73 0.000 -.2046039 -.0846535 registration | .6902495 .140255 4.92 0.000 .4153547 .9651443 asc_sq | 1.960502 .3127549 6.27 0.000 1.347514 2.57349 -------------+---------------------------------------------------------------- SD | liability | .7741741 .1514695 5.11 0.000 .4772994 1.071049 record | -.0729962 .3511553 -0.21 0.835 -.7612479 .6152556 tax__ | .2926163 .0348772 8.39 0.000 .2242582 .3609743 registration | 1.167164 .1578209 7.40 0.000 .8578412 1.476488 asc_sq | 3.614671 .3142136 11.50 0.000 2.998823 4.230518 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 2260.645 505.5377 4.47 0.000 1269.809 3251.481 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 30.42671 268.0172 0.11 0.910 -494.8773 555.7307 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1937.751 560.4385 3.46 0.001 839.3117 3036.19 ------------------------------------------------------------------------------ **************************************ST************************************* **************************************2017 -2010************************* Conditional (fixed-effects) logistic regression Number of obs = 9,882 LR chi2(6) = 1265.53 Prob > chi2 = 0.0000 Log likelihood = -2986.0637 Pseudo R2 = 0.1749 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .6117707 .0648122 9.44 0.000 .4847411 .7388002 record | .052017 .0624441 0.83 0.405 -.0703712 .1744052 tax__ | -.1026129 .0124482 -8.24 0.000 -.127011 -.0782148 registration | .6061324 .0679653 8.92 0.000 .4729229 .7393419 fee | -.0000951 .0000293 -3.25 0.001 -.0001525 -.0000377 asc_sq | 1.786099 .096147 18.58 0.000 1.597655 1.974544 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 9,882 LR chi2(5) = 1478.14 Log likelihood = -2246.9924 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0003266 .0000428 -7.64 0.000 -.0004104 -.0002428 liability | .7394465 .100703 7.34 0.000 .5420723 .9368207 record | -.1148364 .0961356 -1.19 0.232 -.3032588 .073586 tax__ | -.1668233 .0230984 -7.22 0.000 -.2120954 -.1215513 registration | .6266106 .1132832 5.53 0.000 .4045795 .8486417 asc_sq | 2.585381 .234648 11.02 0.000 2.125479 3.045283 -------------+---------------------------------------------------------------- SD | liability | .7752674 .1286072 6.03 0.000 .5232019 1.027333 record | .5954841 .1442397 4.13 0.000 .3127795 .8781887 tax__ | .2423354 .0290091 8.35 0.000 .1854786 .2991923 registration | 1.059411 .1199431 8.83 0.000 .8243267 1.294495 asc_sq | 3.309778 .2210509 14.97 0.000 2.876527 3.74303 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 2264.149 440.499 5.14 0.000 1400.786 3127.511 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -351.6233 285.9468 -1.23 0.219 -912.0688 208.8221 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1918.651 475.6044 4.03 0.000 986.4832 2850.818 ------------------------------------------------------------------------------ *************************************ST************************************* *************************************< 2010************************* Conditional (fixed-effects) logistic regression Number of obs = 8,100 LR chi2(6) = 1659.54 Prob > chi2 = 0.0000 Log likelihood = -2136.4849 Pseudo R2 = 0.2797 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .6444763 .0813446 7.92 0.000 .4850438 .8039087 record | -.173964 .0775075 -2.24 0.025 -.3258759 -.0220522 tax__ | -.149361 .0158439 -9.43 0.000 -.1804145 -.1183075 registration | .4530194 .0834794 5.43 0.000 .2894028 .6166361 fee | -.0002931 .0000412 -7.11 0.000 -.0003739 -.0002122 asc_sq | 1.84442 .1185389 15.56 0.000 1.612088 2.076752 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 8,100 LR chi2(5) = 1275.47 Log likelihood = -1498.7511 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0005768 .0000635 -9.09 0.000 -.0007012 -.0004524 liability | .7730114 .1509019 5.12 0.000 .4772491 1.068774 record | -.4988379 .1282645 -3.89 0.000 -.7502316 -.2474442 tax__ | -.2733821 .0339071 -8.06 0.000 -.3398387 -.2069254 registration | .3927432 .1539408 2.55 0.011 .0910247 .6944617 asc_sq | 3.203996 .3329972 9.62 0.000 2.551333 3.856658 -------------+---------------------------------------------------------------- SD | liability | 1.212093 .1816054 6.67 0.000 .8561531 1.568033 record | -.4715462 .2157317 -2.19 0.029 -.8943725 -.0487199 tax__ | -.293632 .0397156 -7.39 0.000 -.3714731 -.2157909 registration | 1.25744 .1535821 8.19 0.000 .9564248 1.558455 asc_sq | 4.022455 .375397 10.72 0.000 3.286691 4.75822 . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1340.205 309.4679 4.33 0.000 733.6589 1946.751 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -864.8579 208.8 -4.14 0.000 -1274.098 -455.6174 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 680.9167 297.1905 2.29 0.022 98.43408 1263.399 ------------------------------------------------------------------------------ *************************************LLC************************************* **************************************2020-2019-2018************************* Conditional (fixed-effects) logistic regression Number of obs = 3,753 LR chi2(6) = 662.90 Prob > chi2 = 0.0000 Log likelihood = -1042.9116 Pseudo R2 = 0.2412 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.185582 .0871581 13.60 0.000 1.014755 1.356408 record | -.0227845 .0809983 -0.28 0.778 -.1815383 .1359693 tax__ | -.0780945 .0142726 -5.47 0.000 -.1060683 -.0501208 registration | .4022773 .0914732 4.40 0.000 .222993 .5815615 fee | -.0001805 .0000361 -5.00 0.000 -.0002511 -.0001098 asc_sq | -.4359414 .1588614 -2.74 0.006 -.747304 -.1245789 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 3,753 LR chi2(5) = 400.58 Log likelihood = -842.62088 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0003364 .0000561 -5.99 0.000 -.0004464 -.0002264 liability | 1.79653 .2187344 8.21 0.000 1.367819 2.225242 record | -.0728991 .1276265 -0.57 0.568 -.3230424 .1772441 tax__ | -.1425792 .02527 -5.64 0.000 -.1921075 -.0930509 registration | .5416802 .1572359 3.45 0.001 .2335035 .8498569 asc_sq | -1.728522 .45596 -3.79 0.000 -2.622187 -.8348563 -------------+---------------------------------------------------------------- SD | liability | 1.740675 .2160282 8.06 0.000 1.317268 2.164083 record | .5402405 .1843516 2.93 0.003 .1789181 .901563 tax__ | .1350226 .0293888 4.59 0.000 .0774216 .1926237 registration | -.9603688 .1587318 -6.05 0.000 -1.271478 -.6492601 asc_sq | 2.659477 .3653127 7.28 0.000 1.943478 3.375477 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 5340.962 1088.522 4.91 0.000 3207.498 7474.426 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -216.7242 366.8552 -0.59 0.555 -935.7472 502.2989 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1610.378 605.083 2.66 0.008 424.4373 2796.319 ------------------------------------------------------------------------------ *************************************LLC************************************* **************************************2017-2010************************* Conditional (fixed-effects) logistic regression Number of obs = 9,504 LR chi2(6) = 2144.54 Prob > chi2 = 0.0000 Log likelihood = -2408.1324 Pseudo R2 = 0.3081 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.371486 .0604711 22.68 0.000 1.252965 1.490007 record | .0095441 .057318 0.17 0.868 -.1027971 .1218853 tax__ | -.0852692 .0093212 -9.15 0.000 -.1035384 -.0670001 registration | .4243974 .0647168 6.56 0.000 .2975548 .55124 fee | -.0002657 .0000241 -11.00 0.000 -.0003131 -.0002184 asc_sq | -.4910494 .1135979 -4.32 0.000 -.7136972 -.2684015 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 9,504 LR chi2(5) = 852.88 Log likelihood = -1981.694 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0004307 .0000371 -11.60 0.000 -.0005034 -.000358 liability | 2.098814 .1495748 14.03 0.000 1.805652 2.391975 record | .019457 .0814237 0.24 0.811 -.1401305 .1790445 tax__ | -.1350316 .0150396 -8.98 0.000 -.1645086 -.1055546 registration | .5852269 .1016694 5.76 0.000 .3859585 .7844953 asc_sq | -1.714916 .2812613 -6.10 0.000 -2.266178 -1.163654 -------------+---------------------------------------------------------------- SD | liability | 1.920692 .1500692 12.80 0.000 1.626562 2.214822 record | .3545925 .1378711 2.57 0.010 .0843701 .6248148 tax__ | -.1156535 .024641 -4.69 0.000 -.1639491 -.067358 registration | -.8351511 .1229205 -6.79 0.000 -1.076071 -.5942313 asc_sq | 2.457186 .2051892 11.98 0.000 2.055023 2.859349 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 4872.953 526.2306 9.26 0.000 3841.56 5904.346 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 45.17464 190.8443 0.24 0.813 -328.8733 419.2225 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1358.759 298.214 4.56 0.000 774.2708 1943.248 ------------------------------------------------------------------------------ **************************************<2010************************* Conditional (fixed-effects) logistic regression Number of obs = 8,100 LR chi2(6) = 1659.54 Prob > chi2 = 0.0000 Log likelihood = -2136.4849 Pseudo R2 = 0.2797 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .6444763 .0813446 7.92 0.000 .4850438 .8039087 record | -.173964 .0775075 -2.24 0.025 -.3258759 -.0220522 tax__ | -.149361 .0158439 -9.43 0.000 -.1804145 -.1183075 registration | .4530194 .0834794 5.43 0.000 .2894028 .6166361 fee | -.0002931 .0000412 -7.11 0.000 -.0003739 -.0002122 asc_sq | 1.84442 .1185389 15.56 0.000 1.612088 2.076752 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 7,587 LR chi2(5) = 833.61 Log likelihood = -1341.0949 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0005855 .0000542 -10.80 0.000 -.0006918 -.0004792 liability | 3.168465 .2482959 12.76 0.000 2.681814 3.655116 record | .1539332 .1168515 1.32 0.188 -.0750916 .382958 tax__ | -.1515806 .0230816 -6.57 0.000 -.1968196 -.1063415 registration | .6195382 .1415715 4.38 0.000 .3420632 .8970133 asc_sq | -1.939729 .5072366 -3.82 0.000 -2.933894 -.9455632 -------------+---------------------------------------------------------------- SD | liability | 2.622522 .2642795 9.92 0.000 2.104544 3.1405 record | -.6687411 .2034759 -3.29 0.001 -1.067547 -.2699357 tax__ | .1920487 .0305279 6.29 0.000 .1322152 .2518822 registration | -1.03365 .1662948 -6.22 0.000 -1.359581 -.7077176 asc_sq | 3.067146 .3864917 7.94 0.000 2.309636 3.824656 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 5411.262 565.254 9.57 0.000 4303.385 6519.14 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 262.8949 208.4318 1.26 0.207 -145.624 671.4137 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1058.078 282.5881 3.74 0.000 504.2159 1611.941 ------------------------------------------------------------------------------ ********************ST that in the past had other legal status****************** Conditional (fixed-effects) logistic regression Number of obs = 5,832 LR chi2(6) = 300.48 Prob > chi2 = 0.0000 Log likelihood = -1985.4622 Pseudo R2 = 0.0703 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .5426344 .0744375 7.29 0.000 .3967395 .6885293 record | .1475864 .0728597 2.03 0.043 .004784 .2903889 tax__ | -.0470016 .0138844 -3.39 0.001 -.0742144 -.0197887 registration | .3286667 .0773709 4.25 0.000 .1770226 .4803109 fee | -.0000772 .0000303 -2.55 0.011 -.0001365 -.0000178 asc_sq | 1.143921 .1151707 9.93 0.000 .9181905 1.369651 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 5,832 LR chi2(5) = 994.43 Log likelihood = -1488.2491 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0001737 .0000409 -4.25 0.000 -.0002538 -.0000936 liability | .6774016 .1021584 6.63 0.000 .4771748 .8776285 record | .1360863 .0902311 1.51 0.132 -.0407633 .3129359 tax__ | -.0789977 .0226688 -3.48 0.000 -.1234278 -.0345676 registration | .3284849 .1232512 2.67 0.008 .0869171 .5700527 asc_sq | 1.442406 .3016624 4.78 0.000 .8511581 2.033653 -------------+---------------------------------------------------------------- SD | liability | .5053389 .1559006 3.24 0.001 .1997793 .8108985 record | -.0207973 .2575288 -0.08 0.936 -.5255445 .4839499 tax__ | .1772361 .0294805 6.01 0.000 .1194553 .2350169 registration | .9692264 .1257799 7.71 0.000 .7227023 1.215751 asc_sq | 3.694667 .3377498 10.94 0.000 3.032689 4.356644 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 3899.985 1157.814 3.37 0.001 1630.711 6169.26 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 783.486 605.1806 1.29 0.195 -402.6463 1969.618 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1891.177 948.8165 1.99 0.046 31.53063 3750.823 ------------------------------------------------------------------------------ ********************ST that in the past have been LLCs************************ Conditional (fixed-effects) logistic regression Number of obs = 1,701 LR chi2(6) = 40.70 Prob > chi2 = 0.0000 Log likelihood = -602.56411 Pseudo R2 = 0.0327 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .5830339 .1256799 4.64 0.000 .3367059 .8293619 record | .0906802 .1235344 0.73 0.463 -.1514428 .3328033 tax__ | -.0513262 .023435 -2.19 0.029 -.0972579 -.0053945 registration | .284358 .1320724 2.15 0.031 .0255008 .5432152 fee | -.0000837 .0000499 -1.68 0.093 -.0001815 .000014 asc_sq | .6308979 .1998847 3.16 0.002 .2391312 1.022665 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 1,701 LR chi2(5) = 211.84 Log likelihood = -496.64339 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0001896 .0000673 -2.82 0.005 -.0003214 -.0000578 liability | .6754706 .1836289 3.68 0.000 .3155645 1.035377 record | .0913087 .1591107 0.57 0.566 -.2205425 .4031598 tax__ | -.0836816 .038565 -2.17 0.030 -.1592676 -.0080956 registration | .2593963 .1978827 1.31 0.190 -.1284465 .6472392 asc_sq | .4558123 .482686 0.94 0.345 -.4902348 1.401859 -------------+---------------------------------------------------------------- SD | liability | .7016663 .2361871 2.97 0.003 .2387482 1.164584 record | .3062554 .3365484 0.91 0.363 -.3533673 .9658782 tax__ | .1659347 .049087 3.38 0.001 .0697259 .2621434 registration | .8641665 .2207938 3.91 0.000 .4314186 1.296914 asc_sq | 2.98975 .4949221 6.04 0.000 2.01972 3.959779 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 3562.976 1674.807 2.13 0.033 280.4136 6845.538 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 481.6355 909.2871 0.53 0.596 -1300.534 2263.805 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1368.265 1279.01 1.07 0.285 -1138.549 3875.079 ------------------------------------------------------------------------------ ********************LLCs that in the past have been ST************************ Conditional (fixed-effects) logistic regression Number of obs = 2,268 LR chi2(6) = 592.87 Prob > chi2 = 0.0000 Log likelihood = -534.11667 Pseudo R2 = 0.3569 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.596422 .1364087 11.70 0.000 1.329066 1.863778 record | -.0218893 .1272319 -0.17 0.863 -.2712593 .2274807 tax__ | -.1118919 .0200444 -5.58 0.000 -.1511781 -.0726056 registration | .5335451 .1429377 3.73 0.000 .2533924 .8136979 fee | -.0002764 .0000501 -5.52 0.000 -.0003746 -.0001782 asc_sq | -.4031392 .2534932 -1.59 0.112 -.8999767 .0936983 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 2,268 LR chi2(5) = 173.30 Log likelihood = -447.46806 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0005397 .0000894 -6.04 0.000 -.0007149 -.0003645 liability | 3.010526 .4404903 6.83 0.000 2.147181 3.873871 record | .0466029 .207168 0.22 0.822 -.3594391 .4526448 tax__ | -.2332271 .0454514 -5.13 0.000 -.3223102 -.1441441 registration | .9618061 .2986015 3.22 0.001 .3765579 1.547054 asc_sq | -.9805919 .6086963 -1.61 0.107 -2.173615 .212431 -------------+---------------------------------------------------------------- SD | liability | 2.426105 .4143155 5.86 0.000 1.614061 3.238148 record | .5495792 .2954432 1.86 0.063 -.0294788 1.128637 tax__ | .2159776 .0593832 3.64 0.000 .0995887 .3323665 registration | 1.640809 .3446062 4.76 0.000 .9653929 2.316224 asc_sq | 2.689413 .4751925 5.66 0.000 1.758052 3.620773 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 5578.136 1114.361 5.01 0.000 3394.028 7762.243 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 86.34936 389.592 0.22 0.825 -677.2369 849.9356 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1782.109 671.976 2.65 0.008 465.0598 3099.157 ------------------------------------------------------------------------------ ********************LLCs that in the past had other legal status***************** Conditional (fixed-effects) logistic regression Number of obs = 5,400 LR chi2(6) = 1171.64 Prob > chi2 = 0.0000 Log likelihood = -1391.6821 Pseudo R2 = 0.2962 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.198255 .073118 16.39 0.000 1.054946 1.341564 record | .1100032 .0717002 1.53 0.125 -.0305266 .250533 tax__ | -.0551731 .0117079 -4.71 0.000 -.0781201 -.032226 registration | .4486157 .0785411 5.71 0.000 .294678 .6025535 fee | -.0001682 .0000282 -5.95 0.000 -.0002236 -.0001128 asc_sq | -.7771186 .1470174 -5.29 0.000 -1.065267 -.4889697 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 5,400 LR chi2(5) = 420.77 Log likelihood = -1181.2966 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0003112 .0000428 -7.28 0.000 -.0003951 -.0002274 liability | 1.851251 .1852054 10.00 0.000 1.488255 2.214247 record | .0794736 .1031134 0.77 0.441 -.122625 .2815722 tax__ | -.0889024 .0182013 -4.88 0.000 -.1245763 -.0532286 registration | .6042953 .1290996 4.68 0.000 .3512647 .8573258 asc_sq | -2.046453 .3806892 -5.38 0.000 -2.79259 -1.300316 -------------+---------------------------------------------------------------- SD | liability | 1.894146 .188753 10.04 0.000 1.524197 2.264095 record | -.3820486 .2111818 -1.81 0.070 -.7959574 .0318601 tax__ | .0988364 .0337338 2.93 0.003 .0327194 .1649534 registration | .8976557 .1323999 6.78 0.000 .6381566 1.157155 asc_sq | 2.334843 .3194391 7.31 0.000 1.708754 2.960933 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 5948.158 1005.229 5.92 0.000 3977.945 7918.372 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 255.3524 348.7191 0.73 0.464 -428.1245 938.8294 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1941.629 564.0099 3.44 0.001 836.1902 3047.068 ------------------------------------------------------------------------------ **************************ST by different type of sector*********************** **************************Primary and secondary******************************** Conditional (fixed-effects) logistic regression Number of obs = 3,294 LR chi2(6) = 84.81 Prob > chi2 = 0.0000 Log likelihood = -1163.8697 Pseudo R2 = 0.0352 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .5196833 .0918245 5.66 0.000 .3397105 .6996561 record | .1531277 .090132 1.70 0.089 -.0235279 .3297832 tax__ | -.0052814 .0169487 -0.31 0.755 -.0385003 .0279375 registration | .1624016 .0970996 1.67 0.094 -.02791 .3527132 fee | 7.85e-06 .0000359 0.22 0.827 -.0000624 .0000781 asc_sq | .8882021 .142329 6.24 0.000 .6092424 1.167162 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 3,294 LR chi2(5) = 647.57 Log likelihood = -840.08463 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0000793 .0000473 -1.68 0.094 -.0001721 .0000135 liability | .5246622 .1262654 4.16 0.000 .2771865 .7721378 record | .1011771 .1115009 0.91 0.364 -.1173606 .3197148 tax__ | -.0044079 .025824 -0.17 0.864 -.0550219 .0462061 registration | .0399258 .1345609 0.30 0.767 -.2238087 .3036603 asc_sq | .5316999 .4338985 1.23 0.220 -.3187255 1.382125 -------------+---------------------------------------------------------------- SD | liability | .5999204 .1790592 3.35 0.001 .2489708 .9508699 record | .1137208 .3105361 0.37 0.714 -.4949187 .7223603 tax__ | .1488182 .0355418 4.19 0.000 .0791575 .2184788 registration | .6154346 .1566561 3.93 0.000 .3083943 .9224749 asc_sq | 4.299026 .542331 7.93 0.000 3.236077 5.361975 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 6616.445 4613.075 1.43 0.151 -2425.015 15657.9 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1275.93 1848.396 0.69 0.490 -2346.86 4898.721 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 503.4991 1846.405 0.27 0.785 -3115.387 4122.386 ------------------------------------------------------------------------------ **************************Non professional************************************ Conditional (fixed-effects) logistic regression Number of obs = 3,510 LR chi2(6) = 641.86 Prob > chi2 = 0.0000 Log likelihood = -964.4456 Pseudo R2 = 0.2497 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .8393593 .1211746 6.93 0.000 .6018615 1.076857 record | .0181031 .113543 0.16 0.873 -.2044371 .2406433 tax__ | -.1526155 .0233919 -6.52 0.000 -.1984628 -.1067683 registration | .8318817 .1246805 6.67 0.000 .5875125 1.076251 fee | -.0004267 .0000749 -5.69 0.000 -.0005735 -.0002798 asc_sq | 2.01318 .1829121 11.01 0.000 1.654679 2.371681 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 3,510 LR chi2(5) = 522.83 Log likelihood = -703.0313 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.000878 .0001212 -7.24 0.000 -.0011157 -.0006404 liability | 1.377528 .2456075 5.61 0.000 .8961457 1.858909 record | -.2178331 .2027944 -1.07 0.283 -.6153027 .1796366 tax__ | -.3238191 .057234 -5.66 0.000 -.4359957 -.2116425 registration | 1.084993 .2233695 4.86 0.000 .6471965 1.522789 asc_sq | 3.623998 .4616933 7.85 0.000 2.719096 4.528901 -------------+---------------------------------------------------------------- SD | liability | -1.297742 .2476976 -5.24 0.000 -1.78322 -.8122632 record | .9517785 .2650571 3.59 0.000 .4322761 1.471281 tax__ | .3897691 .0600776 6.49 0.000 .2720192 .507519 registration | 1.116583 .2486058 4.49 0.000 .6293245 1.603842 asc_sq | 3.030997 .3297431 9.19 0.000 2.384712 3.677282 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1568.9 333.5008 4.70 0.000 915.2506 2222.55 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -248.0954 226.2433 -1.10 0.273 -691.5241 195.3332 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1235.725 317.6985 3.89 0.000 613.0474 1858.403 ------------------------------------------------------------------------------ **************************Professional service********************************* Conditional (fixed-effects) logistic regression Number of obs = 5,184 LR chi2(6) = 1068.21 Prob > chi2 = 0.0000 Log likelihood = -1364.2985 Pseudo R2 = 0.2813 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .4805531 .1001593 4.80 0.000 .2842445 .6768617 record | -.2019964 .0974431 -2.07 0.038 -.3929813 -.0110116 tax__ | -.2100693 .0206512 -10.17 0.000 -.2505448 -.1695937 registration | .5893946 .1059876 5.56 0.000 .3816627 .7971265 fee | -.0003462 .0000568 -6.10 0.000 -.0004575 -.0002349 asc_sq | 1.806016 .1491092 12.11 0.000 1.513767 2.098264 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 5,184 LR chi2(5) = 740.49 Log likelihood = -994.0544 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0007927 .0000975 -8.13 0.000 -.0009837 -.0006017 liability | .4841694 .190635 2.54 0.011 .1105317 .8578071 record | -.5097142 .1862537 -2.74 0.006 -.8747648 -.1446636 tax__ | -.4295246 .0526383 -8.16 0.000 -.5326937 -.3263555 registration | .6223229 .2143207 2.90 0.004 .2022621 1.042384 asc_sq | 3.106833 .4156781 7.47 0.000 2.292119 3.921547 -------------+---------------------------------------------------------------- SD | liability | 1.225787 .224057 5.47 0.000 .7866433 1.664931 record | -1.050612 .2001006 -5.25 0.000 -1.442802 -.6584223 tax__ | .3632591 .0494047 7.35 0.000 .2664276 .4600906 registration | 1.440023 .2500049 5.76 0.000 .9500225 1.930024 asc_sq | 3.69225 .3637698 10.15 0.000 2.979274 4.405225 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 610.7864 259.8682 2.35 0.019 101.4541 1120.119 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -643.0115 227.9801 -2.82 0.005 -1089.844 -196.1787 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 785.0689 310.3461 2.53 0.011 176.8017 1393.336 ------------------------------------------------------------------------------ **************************Public********************************************* Conditional (fixed-effects) logistic regression Number of obs = 10,071 LR chi2(6) = 1556.68 Prob > chi2 = 0.0000 Log likelihood = -2909.6998 Pseudo R2 = 0.2110 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .6079381 .067801 8.97 0.000 .4750506 .7408255 record | -.0910523 .0645825 -1.41 0.159 -.2176317 .035527 tax__ | -.1166697 .0129475 -9.01 0.000 -.1420463 -.0912932 registration | .5567805 .0698494 7.97 0.000 .4198782 .6936828 fee | -.0002516 .0000376 -6.69 0.000 -.0003253 -.0001779 asc_sq | 1.724386 .0982011 17.56 0.000 1.531915 1.916856 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 10,071 LR chi2(5) = 1601.16 Log likelihood = -2109.1181 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0005053 .0000551 -9.18 0.000 -.0006133 -.0003974 liability | .8822476 .1066084 8.28 0.000 .6732989 1.091196 record | -.2300409 .0949021 -2.42 0.015 -.4160456 -.0440361 tax__ | -.2070952 .0248124 -8.35 0.000 -.2557266 -.1584638 registration | .6948011 .1260535 5.51 0.000 .4477407 .9418615 asc_sq | 2.940938 .2543146 11.56 0.000 2.44249 3.439385 -------------+---------------------------------------------------------------- SD | liability | .7646331 .1465902 5.22 0.000 .4773216 1.051945 record | .4545242 .1978979 2.30 0.022 .0666514 .842397 tax__ | .2371051 .0301526 7.86 0.000 .1780072 .2962031 registration | 1.299467 .1368126 9.50 0.000 1.031319 1.567614 asc_sq | 3.592348 .2468002 14.56 0.000 3.108628 4.076067 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1745.871 282.0043 6.19 0.000 1193.152 2298.589 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -455.2255 183.549 -2.48 0.013 -814.9748 -95.47612 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1374.935 312.4613 4.40 0.000 762.5219 1987.348 ------------------------------------------------------------------------------ **************************LLC by different type of sector*********************** **************************Primary and secondary******************************** Conditional (fixed-effects) logistic regression Number of obs = 2,835 LR chi2(6) = 505.91 Prob > chi2 = 0.0000 Log likelihood = -785.23133 Pseudo R2 = 0.2437 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .974942 .0975008 10.00 0.000 .7838438 1.16604 record | -.048703 .0991727 -0.49 0.623 -.243078 .1456719 tax__ | -.0603658 .0161137 -3.75 0.000 -.0919481 -.0287835 registration | .2074067 .1100815 1.88 0.060 -.0083492 .4231625 fee | -.0002316 .0000402 -5.77 0.000 -.0003104 -.0001529 asc_sq | -.9307312 .197203 -4.72 0.000 -1.317242 -.5442205 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 2,835 LR chi2(5) = 225.41 Log likelihood = -672.52589 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0002994 .0000521 -5.74 0.000 -.0004016 -.0001971 liability | 1.383158 .2120651 6.52 0.000 .9675177 1.798797 record | -.0062097 .1279596 -0.05 0.961 -.257006 .2445866 tax__ | -.0830251 .0209613 -3.96 0.000 -.1241085 -.0419417 registration | .2698911 .1458174 1.85 0.064 -.0159057 .5556879 asc_sq | -2.077392 .4491361 -4.63 0.000 -2.957683 -1.197102 -------------+---------------------------------------------------------------- SD | liability | 1.53373 .2087059 7.35 0.000 1.124673 1.942786 record | .3353517 .1940462 1.73 0.084 -.0449718 .7156751 tax__ | -.0422826 .0668103 -0.63 0.527 -.1732285 .0886632 registration | -.4903287 .1982949 -2.47 0.013 -.8789795 -.1016779 asc_sq | 2.232561 .399008 5.60 0.000 1.45052 3.014603 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 4620.373 1107.015 4.17 0.000 2450.663 6790.084 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -20.74323 425.6389 -0.05 0.961 -854.9802 813.4938 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 901.5586 581.4565 1.55 0.121 -238.0752 2041.192 ------------------------------------------------------------------------------ **************************Non-professional ******************************** Conditional (fixed-effects) logistic regression Number of obs = 1,971 LR chi2(6) = 347.34 Prob > chi2 = 0.0000 Log likelihood = -548.12069 Pseudo R2 = 0.2406 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.275454 .1225434 10.41 0.000 1.035273 1.515634 record | -.0561492 .1257631 -0.45 0.655 -.3026403 .1903419 tax__ | -.0407331 .0203029 -2.01 0.045 -.080526 -.0009402 registration | .1725239 .1353128 1.28 0.202 -.0926843 .4377321 fee | -.0001794 .0000499 -3.59 0.000 -.0002772 -.0000816 asc_sq | -.4182396 .236568 -1.77 0.077 -.8819043 .0454251 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 1,971 LR chi2(5) = 254.53 Log likelihood = -420.85788 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0003448 .0000806 -4.28 0.000 -.0005028 -.0001868 liability | 2.025081 .3489897 5.80 0.000 1.341074 2.709088 record | -.0274332 .1813582 -0.15 0.880 -.3828887 .3280223 tax__ | -.0829254 .035078 -2.36 0.018 -.151677 -.0141738 registration | .2568623 .2445496 1.05 0.294 -.2224461 .7361708 asc_sq | -1.996645 .8527283 -2.34 0.019 -3.667962 -.3253287 -------------+---------------------------------------------------------------- SD | liability | 2.072444 .3798532 5.46 0.000 1.327945 2.816943 record | -.2340074 .458849 -0.51 0.610 -1.133335 .6653201 tax__ | -.1484994 .0587389 -2.53 0.011 -.2636256 -.0333732 registration | -1.144144 .2502273 -4.57 0.000 -1.634581 -.6537079 asc_sq | 3.278499 .989981 3.31 0.001 1.338172 5.218826 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 5873.506 1723.318 3.41 0.001 2495.865 9251.148 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -79.56677 517.6144 -0.15 0.878 -1094.072 934.9389 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 744.9987 794.4927 0.94 0.348 -812.1784 2302.176 ------------------------------------------------------------------------------ **************************Professional service******************************** Conditional (fixed-effects) logistic regression Number of obs = 8,937 LR chi2(6) = 2485.78 Prob > chi2 = 0.0000 Log likelihood = -2029.878 Pseudo R2 = 0.3798 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.693753 .0670248 25.27 0.000 1.562387 1.825119 record | .0742744 .0622888 1.19 0.233 -.0478095 .1963583 tax__ | -.0959879 .0101338 -9.47 0.000 -.1158498 -.0761261 registration | .3681527 .0697989 5.27 0.000 .2313494 .5049559 fee | -.0002795 .0000263 -10.63 0.000 -.000331 -.000228 asc_sq | -.4555222 .1237036 -3.68 0.000 -.6979768 -.2130677 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 8,937 LR chi2(5) = 933.62 Log likelihood = -1563.0666 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0005889 .0000516 -11.41 0.000 -.0006901 -.0004877 liability | 3.177464 .2400819 13.23 0.000 2.706912 3.648016 record | .0561707 .1052773 0.53 0.594 -.1501689 .2625104 tax__ | -.1837683 .0214386 -8.57 0.000 -.2257873 -.1417493 registration | .5107983 .1259379 4.06 0.000 .2639646 .757632 asc_sq | -2.012355 .3505267 -5.74 0.000 -2.699375 -1.325335 -------------+---------------------------------------------------------------- SD | liability | 2.638639 .2180134 12.10 0.000 2.211341 3.065937 record | .5880424 .1589344 3.70 0.000 .2765367 .8995481 tax__ | .1889088 .0275301 6.86 0.000 .1349508 .2428667 registration | 1.015867 .1682872 6.04 0.000 .6860302 1.345704 asc_sq | 2.864244 .331532 8.64 0.000 2.214453 3.514034 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 5395.465 525.711 10.26 0.000 4365.091 6425.84 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 95.38021 182.2986 0.52 0.601 -261.9184 452.6788 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 867.3568 245.1395 3.54 0.000 386.8921 1347.821 ------------------------------------------------------------------------------ **************************Public********************************************** Conditional (fixed-effects) logistic regression Number of obs = 5,508 LR chi2(6) = 1374.64 Prob > chi2 = 0.0000 Log likelihood = -1329.7337 Pseudo R2 = 0.3408 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.64124 .0921801 17.80 0.000 1.46057 1.82191 record | .0393827 .0747384 0.53 0.598 -.107102 .1858673 tax__ | -.092918 .0124851 -7.44 0.000 -.1173883 -.0684476 registration | .7198945 .0947307 7.60 0.000 .5342258 .9055632 fee | -.0003747 .0000361 -10.39 0.000 -.0004453 -.000304 asc_sq | -.1467519 .1544338 -0.95 0.342 -.4494366 .1559328 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 5,508 LR chi2(5) = 485.89 Log likelihood = -1086.7906 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0006568 .0000643 -10.21 0.000 -.0007828 -.0005307 liability | 2.582996 .2329394 11.09 0.000 2.126443 3.039549 record | .0044474 .121771 0.04 0.971 -.2342193 .2431141 tax__ | -.1624843 .0231295 -7.02 0.000 -.2078172 -.1171513 registration | 1.055699 .1618252 6.52 0.000 .7385271 1.37287 asc_sq | -1.454498 .4351219 -3.34 0.001 -2.307321 -.6016745 -------------+---------------------------------------------------------------- SD | liability | 1.869316 .1969909 9.49 0.000 1.483221 2.255411 record | .6605228 .1969734 3.35 0.001 .274462 1.046584 tax__ | .1671267 .0329221 5.08 0.000 .1026006 .2316529 registration | .9649959 .1852582 5.21 0.000 .6018965 1.328095 asc_sq | 2.868991 .3401749 8.43 0.000 2.20226 3.535721 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 3932.893 445.3708 8.83 0.000 3059.982 4805.804 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 6.771683 185.6364 0.04 0.971 -357.0691 370.6124 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1607.416 310.6068 5.18 0.000 998.638 2216.194 ------------------------------------------------------------------------------ **************************LLC with 0 or 1*********************** Conditional (fixed-effects) logistic regression Number of obs = 13,473 LR chi2(6) = 2974.36 Prob > chi2 = 0.0000 Log likelihood = -3446.6888 Pseudo R2 = 0.3014 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.41208 .05164 27.34 0.000 1.310868 1.513293 record | -.0051256 .048684 -0.11 0.916 -.1005446 .0902933 tax__ | -.0838619 .0078479 -10.69 0.000 -.0992434 -.0684803 registration | .3958315 .0552547 7.16 0.000 .2875343 .5041288 fee | -.0002751 .0000207 -13.26 0.000 -.0003157 -.0002344 asc_sq | -.4192624 .0961876 -4.36 0.000 -.6077867 -.2307382 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 13,473 LR chi2(5) = 1437.83 Log likelihood = -2727.7742 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0004971 .0000352 -14.13 0.000 -.0005661 -.0004282 liability | 2.315421 .140313 16.50 0.000 2.040413 2.59043 record | -.0323557 .0748824 -0.43 0.666 -.1791225 .1144111 tax__ | -.1411081 .0141517 -9.97 0.000 -.1688449 -.1133712 registration | .570393 .0949035 6.01 0.000 .3843857 .7564004 asc_sq | -1.837623 .2645483 -6.95 0.000 -2.356128 -1.319118 -------------+---------------------------------------------------------------- SD | liability | 1.99927 .1345283 14.86 0.000 1.735599 2.26294 record | -.4981046 .1179973 -4.22 0.000 -.729375 -.2668342 tax__ | .1543806 .0200433 7.70 0.000 .1150964 .1936647 registration | -1.016383 .1109028 -9.16 0.000 -1.233749 -.7990175 asc_sq | 2.796004 .2376011 11.77 0.000 2.330314 3.261694 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 4657.751 403.5206 11.54 0.000 3866.865 5448.636 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -65.08742 148.665 -0.44 0.662 -356.4654 226.2906 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1147.415 228.8785 5.01 0.000 698.821 1596.008 ------------------------------------------------------------------------------ **************************LLC with 1 or more*********************** Conditional (fixed-effects) logistic regression Number of obs = 5,184 LR chi2(6) = 1485.94 Prob > chi2 = 0.0000 Log likelihood = -1155.4342 Pseudo R2 = 0.3914 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.617253 .0897018 18.03 0.000 1.441441 1.793066 record | .0916927 .083895 1.09 0.274 -.0727384 .2561238 tax__ | -.0733435 .012549 -5.84 0.000 -.097939 -.0487479 registration | .3964737 .0956214 4.15 0.000 .2090592 .5838882 fee | -.000266 .0000347 -7.67 0.000 -.000334 -.000198 asc_sq | -.6827012 .1735029 -3.93 0.000 -1.022761 -.3426417 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 5,184 LR chi2(5) = 436.82 Log likelihood = -937.02346 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0004653 .0000557 -8.35 0.000 -.0005745 -.0003561 liability | 2.75993 .267454 10.32 0.000 2.23573 3.284131 record | .1013756 .1253466 0.81 0.419 -.1442992 .3470504 tax__ | -.129509 .0218143 -5.94 0.000 -.1722641 -.0867538 registration | .5748576 .1568903 3.66 0.000 .2673582 .882357 asc_sq | -2.106991 .4925191 -4.28 0.000 -3.072311 -1.141672 -------------+---------------------------------------------------------------- SD | liability | 2.274676 .2383409 9.54 0.000 1.807536 2.741815 record | .3844096 .1942222 1.98 0.048 .003741 .7650781 tax__ | .1314689 .0328693 4.00 0.000 .0670462 .1958916 registration | -.8575916 .1710368 -5.01 0.000 -1.192818 -.5223656 asc_sq | 2.811223 .4511997 6.23 0.000 1.926888 3.695558 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 5931.597 854.6475 6.94 0.000 4256.519 7606.676 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 217.8748 281.5711 0.77 0.439 -333.9945 769.744 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1235.475 415.0113 2.98 0.003 422.0674 2048.882 ------------------------------------------------------------------------------ **************************ST with 0 or 1*********************** Conditional (fixed-effects) logistic regression Number of obs = 17,712 LR chi2(6) = 3081.01 Prob > chi2 = 0.0000 Log likelihood = -4945.7031 Pseudo R2 = 0.2375 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .7397782 .0537852 13.75 0.000 .6343612 .8451953 record | .0329982 .0509099 0.65 0.517 -.0667834 .1327799 tax__ | -.1308807 .010119 -12.93 0.000 -.1507136 -.1110477 registration | .6667183 .055657 11.98 0.000 .5576326 .7758041 fee | -.0002808 .0000291 -9.65 0.000 -.0003378 -.0002238 asc_sq | 1.970418 .0811051 24.29 0.000 1.811455 2.129381 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 17,712 LR chi2(5) = 2786.80 Log likelihood = -3552.3007 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0006214 .000046 -13.52 0.000 -.0007115 -.0005314 liability | .9939401 .0968042 10.27 0.000 .8042074 1.183673 record | -.1811236 .0831787 -2.18 0.029 -.3441508 -.0180964 tax__ | -.2436616 .0214527 -11.36 0.000 -.285708 -.2016152 registration | .8090898 .1022114 7.92 0.000 .6087592 1.009421 asc_sq | 3.396225 .2150255 15.79 0.000 2.974783 3.817667 -------------+---------------------------------------------------------------- SD | liability | 1.204693 .1164214 10.35 0.000 .9765115 1.432875 record | .6339153 .1187725 5.34 0.000 .4011255 .8667051 tax__ | .3093827 .0244227 12.67 0.000 .2615151 .3572503 registration | 1.214684 .1050659 11.56 0.000 1.008759 1.42061 asc_sq | 3.654885 .1883117 19.41 0.000 3.2858 4.023969 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1599.475 199.4304 8.02 0.000 1208.598 1990.351 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -291.4689 129.5931 -2.25 0.025 -545.4667 -37.47112 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1302.009 206.8102 6.30 0.000 896.6681 1707.349 ------------------------------------------------------------------------------ **************************ST with 1 or more*********************** Conditional (fixed-effects) logistic regression Number of obs = 3,105 LR chi2(6) = 76.32 Prob > chi2 = 0.0000 Log likelihood = -1098.9049 Pseudo R2 = 0.0336 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .3632331 .0962258 3.77 0.000 .174634 .5518322 record | -.0370925 .0960712 -0.39 0.699 -.2253886 .1512037 tax__ | -.0308812 .0174424 -1.77 0.077 -.0650677 .0033054 registration | .2905494 .1018898 2.85 0.004 .090849 .4902498 fee | .0000216 .0000384 0.56 0.574 -.0000537 .0000969 asc_sq | .8039782 .151713 5.30 0.000 .5066262 1.10133 ------------------------------------------------------------------------------ Conditional (fixed-effects) logistic regression Number of obs = 3,105 LR chi2(6) = 76.32 Prob > chi2 = 0.0000 Log likelihood = -1098.9049 Pseudo R2 = 0.0336 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .3632331 .0962258 3.77 0.000 .174634 .5518322 record | -.0370925 .0960712 -0.39 0.699 -.2253886 .1512037 tax__ | -.0308812 .0174424 -1.77 0.077 -.0650677 .0033054 registration | .2905494 .1018898 2.85 0.004 .090849 .4902498 fee | .0000216 .0000384 0.56 0.574 -.0000537 .0000969 asc_sq | .8039782 .151713 5.30 0.000 .5066262 1.10133 ------------------------------------------------------------------------------ . . mixlogit choice fee if q1==1 & st_more==1, rand (liability record tax__ registration asc_sq) group(choice_sit_id) id (ID) nrep(500) Iteration 0: log likelihood = -1087.9643 (not concave) Iteration 1: log likelihood = -844.47294 Iteration 2: log likelihood = -840.56544 Iteration 3: log likelihood = -839.74251 Iteration 4: log likelihood = -839.71838 Iteration 5: log likelihood = -839.71831 Mixed logit model Number of obs = 3,105 LR chi2(5) = 518.37 Log likelihood = -839.71831 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0000566 .0000473 -1.20 0.232 -.0001493 .0000361 liability | .34492 .1054158 3.27 0.001 .1383088 .5515312 record | -.1037486 .1096002 -0.95 0.344 -.3185611 .1110639 tax__ | -.0376543 .0218125 -1.73 0.084 -.080406 .0050975 registration | .230994 .1329324 1.74 0.082 -.0295487 .4915366 asc_sq | .6446862 .3806108 1.69 0.090 -.1012972 1.39067 -------------+---------------------------------------------------------------- SD | liability | -.0301782 .4999969 -0.06 0.952 -1.010154 .9497977 record | .0931414 .3568509 0.26 0.794 -.6062735 .7925563 tax__ | .0906803 .0373403 2.43 0.015 .0174948 .1638659 registration | .6331633 .1489497 4.25 0.000 .3412272 .9250995 asc_sq | 3.488576 .4044042 8.63 0.000 2.695959 4.281194 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 6096.381 5912.128 1.03 0.302 -5491.178 17683.94 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -1833.733 1906.09 -0.96 0.336 -5569.602 1902.136 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 4082.765 4860.299 0.84 0.401 -5443.246 13608.78 ------------------------------------------------------------------------------ **************************ST with <30 k as turnover*********************** Conditional (fixed-effects) logistic regression Number of obs = 14,985 LR chi2(6) = 2765.85 Prob > chi2 = 0.0000 Log likelihood = -4104.6446 Pseudo R2 = 0.2520 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .6880136 .0589302 11.68 0.000 .5725126 .8035146 record | -.0910592 .0560682 -1.62 0.104 -.2009508 .0188323 tax__ | -.1414829 .0111379 -12.70 0.000 -.1633128 -.119653 registration | .643757 .0603647 10.66 0.000 .5254444 .7620696 fee | -.0004962 .0000511 -9.70 0.000 -.0005964 -.0003959 asc_sq | 1.891979 .0849058 22.28 0.000 1.725567 2.058391 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 14,985 LR chi2(5) = 2307.04 Log likelihood = -2951.1261 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0009506 .0000764 -12.44 0.000 -.0011003 -.0008008 liability | 1.046257 .1025388 10.20 0.000 .8452846 1.247229 record | -.1831483 .0895337 -2.05 0.041 -.3586313 -.0076654 tax__ | -.258385 .0234074 -11.04 0.000 -.3042627 -.2125073 registration | .904279 .107619 8.40 0.000 .6933495 1.115208 asc_sq | 3.530289 .2341129 15.08 0.000 3.071436 3.989142 -------------+---------------------------------------------------------------- SD | liability | 1.076691 .1229754 8.76 0.000 .8356636 1.317718 record | .556096 .1435743 3.87 0.000 .2746956 .8374964 tax__ | -.3044489 .0272381 -11.18 0.000 -.3578347 -.2510632 registration | 1.127066 .1180101 9.55 0.000 .8957702 1.358361 asc_sq | 3.545442 .1988305 17.83 0.000 3.155741 3.935142 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1100.634 133.6433 8.24 0.000 838.6981 1362.57 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -192.6671 94.1716 -2.05 0.041 -377.2401 -8.094162 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 951.2771 143.2214 6.64 0.000 670.5683 1231.986 ------------------------------------------------------------------------------ **************************ST with >30 k as turnover*********************** Conditional (fixed-effects) logistic regression Number of obs = 7,074 LR chi2(6) = 531.70 Prob > chi2 = 0.0000 Log likelihood = -2324.6798 Pseudo R2 = 0.1026 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | .3636013 .0716092 5.08 0.000 .22325 .5039527 record | -.0922885 .075524 -1.22 0.222 -.2403128 .0557358 tax__ | -.0743063 .0132957 -5.59 0.000 -.1003653 -.0482472 registration | .0886418 .0780335 1.14 0.256 -.0643011 .2415847 fee | -.0002195 .0000285 -7.71 0.000 -.0002753 -.0001637 asc_sq | .711885 .124431 5.72 0.000 .4680047 .9557652 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 7,074 LR chi2(5) = 1182.83 Log likelihood = -1733.2655 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.00032 .00004 -7.99 0.000 -.0003985 -.0002415 liability | .4781074 .11249 4.25 0.000 .257631 .6985838 record | -.1595707 .112016 -1.42 0.154 -.3791181 .0599766 tax__ | -.1269768 .0258864 -4.91 0.000 -.1777133 -.0762403 registration | .0605715 .1290497 0.47 0.639 -.1923612 .3135042 asc_sq | 1.069713 .2820475 3.79 0.000 .5169099 1.622516 -------------+---------------------------------------------------------------- SD | liability | .8031064 .136328 5.89 0.000 .5359085 1.070304 record | .6985337 .1526928 4.57 0.000 .3992612 .9978061 tax__ | .2395386 .0334285 7.17 0.000 .1740199 .3050572 registration | 1.052411 .1317121 7.99 0.000 .79426 1.310562 asc_sq | 3.595477 .2859347 12.57 0.000 3.035056 4.155899 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 1494.058 442.3274 3.38 0.001 627.1122 2361.004 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -498.6493 324.5923 -1.54 0.124 -1134.839 137.5399 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 189.2825 413.7814 0.46 0.647 -621.7142 1000.279 ------------------------------------------------------------------------------ **************************LLC with <30 k as turnover*********************** Conditional (fixed-effects) logistic regression Number of obs = 5,076 LR chi2(6) = 1095.69 Prob > chi2 = 0.0000 Log likelihood = -1311.0065 Pseudo R2 = 0.2947 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.77552 .0898458 19.76 0.000 1.599426 1.951615 record | .1344122 .06715 2.00 0.045 .0028007 .2660238 tax__ | -.0848864 .0129504 -6.55 0.000 -.1102687 -.0595041 registration | .7725389 .0866267 8.92 0.000 .6027537 .9423241 fee | -.0007045 .0000649 -10.85 0.000 -.0008318 -.0005772 asc_sq | .092766 .1353543 0.69 0.493 -.1725236 .3580556 ------------------------------------------------------------------------------ Conditional (fixed-effects) logistic regression Number of obs = 5,076 LR chi2(6) = 1095.69 Prob > chi2 = 0.0000 Log likelihood = -1311.0065 Pseudo R2 = 0.2947 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.77552 .0898458 19.76 0.000 1.599426 1.951615 record | .1344122 .06715 2.00 0.045 .0028007 .2660238 tax__ | -.0848864 .0129504 -6.55 0.000 -.1102687 -.0595041 registration | .7725389 .0866267 8.92 0.000 .6027537 .9423241 fee | -.0007045 .0000649 -10.85 0.000 -.0008318 -.0005772 asc_sq | .092766 .1353543 0.69 0.493 -.1725236 .3580556 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 5,076 LR chi2(5) = 676.15 Log likelihood = -972.9296 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.001514 .0001409 -10.74 0.000 -.0017902 -.0012378 liability | 3.334215 .2992953 11.14 0.000 2.747607 3.920823 record | .2600387 .1298286 2.00 0.045 .0055793 .514498 tax__ | -.164551 .0262133 -6.28 0.000 -.2159281 -.1131739 registration | 1.334093 .1839476 7.25 0.000 .973562 1.694623 asc_sq | -1.762235 .6155776 -2.86 0.004 -2.968745 -.5557251 -------------+---------------------------------------------------------------- SD | liability | 2.448636 .3048555 8.03 0.000 1.85113 3.046142 record | -.7423676 .1726801 -4.30 0.000 -1.080814 -.4039208 tax__ | .190302 .0353538 5.38 0.000 .1210099 .2595941 registration | 1.152998 .206672 5.58 0.000 .7479278 1.558067 asc_sq | 3.851849 .5746927 6.70 0.000 2.725472 4.978226 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 2202.227 218.9158 10.06 0.000 1773.16 2631.294 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 171.7538 86.94157 1.98 0.048 1.351443 342.1561 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 881.1593 140.5396 6.27 0.000 605.7068 1156.612 ------------------------------------------------------------------------------ **************************LLC with >30 k as turnover*********************** Conditional (fixed-effects) logistic regression Number of obs = 14,175 LR chi2(6) = 3632.47 Prob > chi2 = 0.0000 Log likelihood = -3374.7094 Pseudo R2 = 0.3499 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- liability | 1.39543 .0519687 26.85 0.000 1.293573 1.497287 record | -.0510947 .0543691 -0.94 0.347 -.1576561 .0554668 tax__ | -.0855978 .0076947 -11.12 0.000 -.1006791 -.0705165 registration | .2029402 .0587379 3.46 0.001 .0878161 .3180643 fee | -.0002937 .0000206 -14.25 0.000 -.0003341 -.0002533 asc_sq | -.8365949 .1065966 -7.85 0.000 -1.04552 -.6276695 ------------------------------------------------------------------------------ Mixed logit model Number of obs = 14,175 LR chi2(5) = 1242.08 Log likelihood = -2753.6686 Prob > chi2 = 0.0000 ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- Mean | fee | -.0004665 .0000309 -15.08 0.000 -.0005272 -.0004059 liability | 2.250445 .1354098 16.62 0.000 1.985046 2.515843 record | -.0614559 .075984 -0.81 0.419 -.2103817 .08747 tax__ | -.1444509 .0134365 -10.75 0.000 -.1707859 -.1181159 registration | .3185707 .0891378 3.57 0.000 .1438638 .4932776 asc_sq | -2.149591 .2394923 -8.98 0.000 -2.618987 -1.680194 -------------+---------------------------------------------------------------- SD | liability | 2.065304 .1310137 15.76 0.000 1.808521 2.322086 record | .3874557 .1303718 2.97 0.003 .1319316 .6429798 tax__ | -.1351694 .0191886 -7.04 0.000 -.1727783 -.0975604 registration | .7912087 .0939935 8.42 0.000 .6069848 .9754325 asc_sq | 2.487757 .2035822 12.22 0.000 2.088743 2.88677 ------------------------------------------------------------------------------ The sign of the estimated standard deviations is irrelevant: interpret them as being positive . nlcom _b[liability]/-_b[fee] _nl_1: _b[liability]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 4823.741 419.966 11.49 0.000 4000.623 5646.859 ------------------------------------------------------------------------------ . nlcom _b[record]/-_b[fee] _nl_1: _b[record]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | -131.7283 158.2466 -0.83 0.405 -441.886 178.4294 ------------------------------------------------------------------------------ . nlcom _b[registration]/-_b[fee] _nl_1: _b[registration]/-_b[fee] ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 682.8441 214.7948 3.18 0.001 261.854 1103.834 ------------------------------------------------------------------------------ *** Revealed preference Logistic regression Number of obs = 1,509 LR chi2(8) = 490.86 Prob > chi2 = 0.0000 Log likelihood = -796.87145 Pseudo R2 = 0.2355 ------------------------------------------------------------------------------ q1 | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- q2 | -.0808157 .1345228 -0.60 0.548 -.3444756 .1828443 q8 | -.3668029 .0418355 -8.77 0.000 -.4487989 -.2848068 q20 | -.2350244 .1764924 -1.33 0.183 -.5809432 .1108944 q40 | -.2965721 .0472132 -6.28 0.000 -.3891082 -.2040359 q41 | -.0554348 .1295882 -0.43 0.669 -.3094229 .1985533 q42 | -.1113752 .1261331 -0.88 0.377 -.3585916 .1358411 q11 | 1.488989 .137617 10.82 0.000 1.219264 1.758713 q44 | -.1416841 .0363771 -3.89 0.000 -.2129819 -.0703862 _cons | 2.516512 .3068829 8.20 0.000 1.915032 3.117991 ------------------------------------------------------------------------------