Municipalities sometimes reform property tax schedules in an effort to increase suboptimal residential densities. One such approach is to reduce the tax rate applied to building values and increase the tax rate applied to land, known as a two-rate property tax (TPT). This paper evaluates the...

This article presents a polychotomous choice-selectivity model to estimate the interactions among urbanization, land use regulations, and public finance in five western states (California, Idaho, Nevada, Oregon, and Washington). Land use regulations in these five states reduced the total...

The multivariate sample selection model is extended to a nonlinear equation system with partial selection and applied to household meat consumption in China. Elasticity estimates differ from those obtained from conventional maximum likelihood and Tobit estimates. Chinese meat products are gross...

A quasi-maximum-likelihood estimator is proposed and applied to a censored Translog demand system for foods, using a sample of food stamp recipients in the United States. The procedure produces remarkably close parameter and elasticity estimates to those of the simulated-maximum-likelihood...

The relationship between Food Stamp Program (FSP) participation and household food insecurity (FI) is investigated using data from the 1996–1997 National Food Stamp Program Survey. Endogeneity of FSP participation is accommodated with an instrumental variables approach. In contrast to other...

Heckman's sample-selection model is generalized to the multivariate case and used to estimate demands for cigarettes, beer, and wine by individuals in the United States. The specification allows correlations between the error terms of multiple selection and level equations, and nests the popular...

The dependent double-hurdle model is generalized by an inverse hyperbolic sine transformation of the dependent variable. The resulting specification features a flexible parameterization, accommodates heteroskedastic errors, and nests a range of common limited dependent variable models. Results...