A bivariate likelihood function for a two-limit tobit model is developed and applied to the estimation of rural resident shopping patterns. Comparison of results from the univariate and bivariate models shows that parameters are estimated with more precision, and derivatives of conditional...

Nevada gross taxable gaming revenues constitute an important revenue source for the state, just as revenues from lottery sales and taxable sales of service industries make major contributions to the general funds of other states. Typically, these data series are nonstationary and can exhibit...