Showing 1 - 10 of 8,424
Using estimation of demand for the George Washington/Jefferson National Forest as a case study, it is shown that in a stratified/clustered on-site sample, latent heterogeneity needs to be accounted for twice: first to account for dispersion in the data caused by unobservability of the process...
Persistent link: https://www.econbiz.de/10009021105
A standard approach to analyzing n binary matched pairs usually represented in n 2×2 tables is to apply a subject-specific model; for the simplest situation it is the so-called Rasch model. An alternative population-averaged approach is to apply a marginal model to the single 2×2 table formed...
Persistent link: https://www.econbiz.de/10011056512
Persistent link: https://www.econbiz.de/10012607021
Hurdle models based on the zero-truncated Poisson-lognormal distribution are rarely used in applied work, although they incorporate some advantages compared with their negative binomial alternatives. I present a command that enables Stata users to estimate Poisson-lognormal hurdle models. I use...
Persistent link: https://www.econbiz.de/10008862279
Persistent link: https://www.econbiz.de/10008925208
in the presence of measurement errors, in general, maximum likelihood estimator of the overdispersion using the observed …
Persistent link: https://www.econbiz.de/10009145687
included zero-inflated models to account for the excess of zeros and the overdispersion in the data set. In the present paper … models to demonstrate that the overdispersion in the data requires more structure if it is to be taken into account, and that …
Persistent link: https://www.econbiz.de/10009204854
Recently gravity trade models are applied to disaggregated trade data. Here many zeros are characteristic. In the presence of excess zeros usual Poisson Pseudo Maximum Likelihood (PPML) is still consistent, the variance covariance matrix however is invalid. Correct economic interpretation...
Persistent link: https://www.econbiz.de/10009326151
Persistent link: https://www.econbiz.de/10008674007
of the shape of the trajectory. When there is only one underlying trajectory and overdispersion is present, the SMPR …
Persistent link: https://www.econbiz.de/10010789407