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This paper estimates demand for residential solar photovoltaic (PV) systems using a new approach to address three empirical challenges that often arise with count data: excess zeros, unobserved heterogeneity, and endogeneity of price. Our results imply a price elasticity of demand for solar PV...
Persistent link: https://www.econbiz.de/10012927815
This paper estimates demand for residential solar photovoltaic (PV) systems using a new approach to address three empirical challenges that often arise with count data: excess zeros, unobserved heterogeneity, and endogeneity of price. Our results imply a price elasticity of demand for solar PV...
Persistent link: https://www.econbiz.de/10011994860
individual, with no restrictions on this heterogeneity in either the intercept or the slope. Using a rich panel dataset, we …
Persistent link: https://www.econbiz.de/10012969770
The standard gravity model of aggregate migration erroneously assumes homogeneity, quasi-symmetry, and (log) linearity. As a result, estimation of the model using, say, the convenient OLS estimator is plagued by omitted-variables and misspecification biases. This paper, therefore, presents...
Persistent link: https://www.econbiz.de/10012608069
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