Data/hora: 16/06/2024 06:31:46

Provedor de dados: | 31
País: | United States
Título: | ESTIMATION OF CENSORED LA/AIDS MODEL WITH ENDOGENOUS UNIT VALUES
Autores: | Dong,   Diansheng; Kaiser,   Harry M.; Myrland,   Oystein.
Data: | 2012-03-28
Ano: | 2003
Palavras-chave: | Demand and Price Analysis; Research Methods/ Statistical Methods; C34; D12.
Resumo: | In this study, we develop and estimate a censored LA/AIDS model using household-level purchase data. In addition to imposing non-negativitity constraints, we account for the endogeneity of unit value. We address the non-negativity issue using an Amemiya-Tobin approach, which imposes the adding-up condition on both observed and latent shares. We address the endogeneity of unit value by estimating share equations and unit value equations simultaneously. Given the need to evaluate high-order probability integrals, we use a simulated probability method in the model estimation. This model is applied to estimate and analyze a demand system featuring six fish and three meat commodities, using Norwegian household data.
Tipo: | Technical Report
Idioma: | Inglês
Identificador: | http://purl.umn.edu/122119

Relação:

Cornell University&gt;Department of Applied Economics and Management&gt;Research Bulletin

Research Bulletin

2003-08

Formato: | 39