Showing 1 - 10 of 11
When there is uncertainty concerning the appropriate statistical model to use in representing the data sampling process and corresponding estimators, we consider a basis for optimally combining estimation problems. In the context of the multivariate linear statistical model, we consider a...
Persistent link: https://www.econbiz.de/10009442593
This paper introduces a new class of estimators based on minimization of the Cressie-Read (CR) power divergence measure for binary choice models, where neither a parameterized distribution nor a parameterization of the mean is specified explicitly in the statistical model. By incorporating...
Persistent link: https://www.econbiz.de/10009442597
This paper presents empirical evidence concerning the finite sample performance of conventional and generalized empirical likelihood-type estimators that utilize instruments in the context of linear structural models characterized by endogenous explanatory variables. There are suggestions in the...
Persistent link: https://www.econbiz.de/10009442778
The purpose of this paper is to incorporate semiparametric alternatives to maximum likelihood estimation and inference in the context of unordered multinomial response data when in practice there is often insufficient information to specify the parametric form of the function linking the...
Persistent link: https://www.econbiz.de/10009443535
This paper contributes to the growing debate on regional economic inequality and polarization in India. The specific objectives of this paper are to: (1) analyze regional development disparities amongst various states in India to determine if they are on a convergent course; (2) analyze the...
Persistent link: https://www.econbiz.de/10009443578
This paper makes a contribution to the application of nonlinear simultaneous equations estimation and nonparametric Bootstrapping techniques. The nonlinear demand model estimation work in this paper is in the context of the newly developed Quadratic Almost Ideal Demand System (QUAIDS) model, and...
Persistent link: https://www.econbiz.de/10009443598
This paper reports the results of a case study analyzing the impacts of promotion and advertising conducted by the Washington Apple Commission (WAC) using both single- and multi-equation systems. The analyses are compared in terms of the comparability and coherency of results and in terms of the...
Persistent link: https://www.econbiz.de/10009444274
The bargaining process and its role in price discovery within the Pacific Northwest asparagus industry is analyzed using a general empirical bargaining model. Growers’ and processors’ inverse supply and demand functions define boundaries for the negotiated prices. OLS and Heckman’s two-stage...
Persistent link: https://www.econbiz.de/10009444898
This paper makes three principal contributions. First, we propose a new estimator for the unobservable variable models with endogenous causes. We show that under factor analysis type of assumptions, Robinson and Ferrara (1977)'’s procedure is not fully efficient, and a more efficient procedure...
Persistent link: https://www.econbiz.de/10009446232
This paper develops a monthly domestic demand and supply equilibrium model for Washington apples that can be used to assess the effectiveness of price and non-price promotional activities. The econometric methodology employed takes into account market differences across the U.S. and is based on...
Persistent link: https://www.econbiz.de/10009446235