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This article explores alternative approaches to modeling the relationship between the number of patents and research and development expenditure. Patent counts typically exhibit long upper tails that are inadequately modeled by standard Poisson and negative binomial regression models. We compare...
Persistent link: https://www.econbiz.de/10014115977
This article explores alternative approaches to modeling the relationship between the number of patents and research and development expenditure. Patent counts typically exhibit long upper tails that are inadequately mod-eled by standard Poisson and negative binomial regression models. We...
Persistent link: https://www.econbiz.de/10014119315
Persistent link: https://www.econbiz.de/10001968654
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This paper develops and implements a GMM estimator for latent class models suitable for count data. The estimator uses conditional moment restrictions derived from standard count models. Both the efficient and consistent variants are considered. The implementation of optimal GMM based on...
Persistent link: https://www.econbiz.de/10014221986
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This paper analyzes the effect of dental insurance on utilization of general dentist services by adult US population aged from 25 to 64 years using the ordered probit model with endogenous selection. Our econometric framework accommodates endogeneity of insurance and the ordered nature of the...
Persistent link: https://www.econbiz.de/10015383643
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