Holloway, Garth J.; Mazzocchi, Mario; Perali, Carlo Federico - International Association of Agricultural Economists - IAAE - 2006
We generalize the Tobit censored regression to permit unique unobserved censoring thresholds conditioned by covariates and a set of common response coefficients. This situation , we argue, is one arising frequently in applications of censored regression and we provide three diverse examples to...