Showing 1 - 6 of 6
This study compares an ordered probit model and a Tobit model with selection to take into account both true zero and protest zero bids while estimating the willingness to pay (WTP) for conservation easements in Macon County, NC. By comparing the two models, the ordered/unordered selection issue...
Persistent link: https://www.econbiz.de/10005801890
This study estimates the effects of an urban growth boundary (UGB) on land development decisions in Knox County, TN, using a heteroscedastic probit model. With combined efforts of increased land development within the city boundary and decreased development within the UGB and the neighboring...
Persistent link: https://www.econbiz.de/10005320801
The impact of an urban growth boundary (UGB) on land development in Knox County, TN is estimated via two-stage probit and neural-network models. The insignificance of UGB variable in the two-stage probit model and more visible development patterns in the western part of Knoxville and the...
Persistent link: https://www.econbiz.de/10005802688
A two-stage multinomial logit selection model is used to model the relationship between demographic characteristics and housing density across Tennessee’s six metropolitan statistical areas. The study finds that there is both spatial correlation and heterogeneity in the most densely...
Persistent link: https://www.econbiz.de/10005041399
U.S. cheese consumption has grown considerably over the last three decades. Using a censored demand model and Nielsen Homescan retail data, this study identifies price and non-price factors affecting the demand for differentiated cheese products. Own-price and expenditure elasticities for all of...
Persistent link: https://www.econbiz.de/10009368761
This study investigates the determinants of crawfish consumption in South Louisiana using a generalized limited dependent variable model that accounts for both participation and consumption decisions. Income, Catholic, white, and household size increase the likelihood of crawfish consumption but...
Persistent link: https://www.econbiz.de/10005802741