Search Results - subject:"Tobit Model"

Confidence intervals for estimates of elasticities

Hirschberg, Joseph G. (contributor); … - 2008

. One approach is to use the Tobit model (see eg Tansel and Bircan 2006) which assumes that the same set of variables … determine both the probability of a non-zero consumption and the level of expenditure. A modification of the Tobit model is … expenditure with 95% Fieller confidence intervals. 22 4.3 The Tobit model for estimation Due to the level of detail of an …

Persistent link: https://www.econbiz.de/10003791741

Estimating derivatives in nonseparable models with limited dependent variables

Altonji, Joseph G. (contributor); … - 2008 - Rev.

Persistent link: https://www.econbiz.de/10003767632

Estimating investment equations in imperfect capital markets

Hüttel, Silke; Mußhoff, Oliver; Odening, Martin; … - 2008

, a generalised Tobit model based on an augmented q model is developed with the intention of considering the coexistence … ; uncertainty ; capital market imperfections ; generalised Tobit model … this study, a generalised Tobit model based on an augmented q model is developed with the intention of considering the …

Persistent link: https://www.econbiz.de/10003636124

Estimating derivatives in nonseparable models with limited dependent variables

Altonji, Joseph G.; Ichimura, Hidehiko; Otsu, Taisuke - 2008

Persistent link: https://www.econbiz.de/10003739204

Estimating derivatives in nonseparable models with limited dependent variables

Altonji, Joseph G. (contributor); … - 2008

We present a simple way to estimate the effects of changes in a vector of observable variables X on a limited dependent variable Y when Y is a general nonseparable function of X and unobservables. We treat models in which Y is censored from above or below or potentially from both. The basic idea...

Persistent link: https://www.econbiz.de/10003739704

Demands for Child Care and Household Labour Supply in Australia

Doiron, Denise J.; Kalb, Guyonne - 2008

Demands for formal and informal child care are estimated using a bivariate Tobit model. Predicted costs of child care …

Persistent link: https://www.econbiz.de/10014062903

Tobit at Fifty : A Brief History of Tobin's Remarkable Estimator, of Related Empirical Methods, and of Limited Dependent Variable Econometrics in Health Economics

Enami, Kohei - 2008

Practitioners of empirical health economics might be forgiven for paying little heed to the recent 50th anniversary of the publication of one of the most important papers in its methodological heritage: James Tobin's widely-cited 1958 Econometrica paper that developed what later became known as...

Persistent link: https://www.econbiz.de/10012464135

Estimating Derivatives in Nonseparable Models with Limited Dependent Variables

Altonji, Joseph G. - 2008

Persistent link: https://www.econbiz.de/10012464486

Tobit Model Estimation and Sliced Inverse Regression

Li, Lexin - 2008

It is not unusual for the response variable in a regression model to be subject to censoring or truncation. Tobit regression models are a specific example of such a situation, where for some observations the observed response is not the actual response, but rather the censoring value...

Persistent link: https://www.econbiz.de/10012769195

How to achieve a high efficiency level of the hotel industry?

Luo, Hao; Yang, Yang; Law, Rob - In: International Journal of Contemporary Hospitality Management 26 (2014) 8, pp. 1140-1161

Purpose – This paper aims to employ data envelopment analysis (DEA) models to evaluate the efficiency level and the change of efficiency of the hotel industry in major Chinese cities from 2001 to 2011. The study also aims to investigate the determinants of this efficiency....

Persistent link: https://www.econbiz.de/10014763691