In many microeconometric models we use distances. For instance, in modelling the individual behavior in labor economics or in health studies, the distance from a relevant point of interest (such as a hospital or a workplace) is often used as a predictor in a regression framework. However, in...

This chapter is concerned with the identification and estimation of models of labor supply. The focus is on the key issues that arise from unobserved heterogeneity, nonparticipation and dynamics. We examine the simple “static” labor supply model with proportional taxes and highlight the...

Microeconometrics has experienced a remarkable growth over the last twenty years. This development, which can be observed even outside the academia, rests for an essential part on the increased availability and diffusion of microeconomic databases. But the progress observed in econometric...

The term health econometrics has been adopted to describe the development and application of econometric methods within health economics. This article outlines the distinctive issues that arise in applying econometrics to health data and how these applications have helped to shape the broader...

In this paper, the factors affecting the demand for basic food categories by Greek households are investigated. For that purpose a selectivity model is employed to derive the necessary elasticities using information at household level. In addition, and for comparison purpose, a non-parametric...

The paper assesses the performance of Water User Associations (WUAs) in the Republic of Macedonia. We assess performance in terms of membership rates, the satisfaction of members with their WUA and payment behaviour. Econometric analysis reveals that membership and satisfaction are positively...

The sharp increase in energy prices and growing concern for environmental issues, among other things, are behind the renewed interest in energy demand estimation. However, there is scarce academic literature that takes real situation of energy suppliers into account: high quality but incomplete...

In this article, I present ivtreatreg, a command for fitting four different binary treatment models with and without heterogeneous average treatment effects under selection-on-unobservables (that is, treatment endogeneity). Depending on the model specified by the user, ivtreatreg provides...

Many conventional economic analysis assumes that risk preference is taken as given and do not give much scrutiny on it. However, empirical studies show that risk preference is not random: shocks and predetermined characteristics can determine risk preference. This study tried to see if these...