Showing 71 - 80 of 19,157
In this paper a count data regression model accounting for endogenous censoring with household specific censoring thresholds is presented. The presented modelling approach is utilized in an analysis of household choice of total number of nights to spend on monthly recreational trips. The...
Persistent link: https://www.econbiz.de/10010994435
In diesem Beitrag untersuchen wir das Standortwahlverhalten der Gründer von Biotech-Unternehmen in Deutschland. Hierzu verwenden wir Individualdaten aus dem ZEW Unternehmenspanel und aggregieren diese auf Ebene der 97 Raumordnungsregionen. Die deskriptiven Befunde geben Hinweise auf eine hohe...
Persistent link: https://www.econbiz.de/10010994635
In this paper we present a non-linear demand system for households’ joint choice of number of trips and days to spend at a destination. The approach, which facilitates welfare analysis of exogenous policy and price changes, is used empirically to study the effects of an increased CO2 tax. In...
Persistent link: https://www.econbiz.de/10011043454
We combine contingent behaviour with travel cost data to estimate the change in the recreational use value of a National Forest due to quality and price changes. Instead of the usual improvement scenario, a hypothetical deterioration in the conditions of the forest due to a fire is considered. A...
Persistent link: https://www.econbiz.de/10011047943
This paper assesses the forecasting performance of count data models applied to arts attendance. We estimate participation models for two artistic activities that differ in their degree of popularity – museums and jazz concerts – with data derived from the 2002 release of the Survey of...
Persistent link: https://www.econbiz.de/10011052782
This paper presents a simple approach to deal with sample selection in models with multiplicative errors. Models for non-negative limited dependent variables such as counts fit this framework. The approach builds on a specification of the conditional mean of the outcome only and is, therefore,...
Persistent link: https://www.econbiz.de/10011117417
This paper examines the impact of an increase in the school leaving age on high school teachers’ absence behaviour. We estimate differ- ence in difference models of absenteeism using count data approaches. Employing data from the Spanish Labour Force Survey, our findings suggest that high...
Persistent link: https://www.econbiz.de/10011165302
There is a growing concern that increased nutrient and sediment runoff from river catchments are a potential source of coral reef degradation. Degradation of reefs may affect the number of tourists visiting the reef and, consequently, the economic sectors that rely on healthy reefs for their...
Persistent link: https://www.econbiz.de/10011167661
We develop a class of Poisson autoregressive models with additional covariates (PARX) that can be used to model and forecast time series of counts. We establish the time series properties of the models, including conditions for stationarity and existence of moments. These results are in turn...
Persistent link: https://www.econbiz.de/10011170253
We study a simple exogeneity test in count data models with possibly endogenous multinomial treatment. The test is based on Two Stage Residual Inclusion 2SRI). Results from a broad Monte Carlo study provide novel evidence on important features of this approach in nonlinear settings. We find...
Persistent link: https://www.econbiz.de/10011086685