Dong, Diansheng; Kaiser, Harry M.; Myrland, Oystein - Charles H. Dyson School of Applied Economics and … - 2003
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...