Kasteridis, Panagiotis; Munkin, Murat; Yen, Steven - In: Applied Economics 42 (2010) 4, pp. 413-426
This study analyses the demand for cigarettes fitting observed zero outcomes with a trivariate model consisting of an equation for the starting smoking decision, an equation for the quitting decision, and an equation that models the level of cigarettes consumed. Five competing specifications are...