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model. Strong consistency is proved. In addition, in the case of truncated and tobit regression models, maximum score …This paper presents maximum score type estimators for linear, binomial, tobit and truncated regression models. These …
Persistent link: https://www.econbiz.de/10005064792
This paper considers the effect of different firm leadership on the innovative performance of firms from seven EU countries. We investigate whether owner-led or manager-led firms achieve a larger share of their turnover with product innovations. Economic theory does not propose clear answers to...
Persistent link: https://www.econbiz.de/10005098231
model. Strong consistency is proved. In addition, in the case of truncated and tobit regression models, maximum score …This paper presents maximum score type estimators for linear, binomial, tobit and truncated regression models. These …
Persistent link: https://www.econbiz.de/10005106477
We present a simple way to estimate the effects of changes in a vector of observable variables X on a limited dependent variable Y when Y is a general nonseparable function of X and unobservables. We treat models in which Y is censored from above or below or potentially from both. The basic idea...
Persistent link: https://www.econbiz.de/10005463961
estimation models. Parametric Engel curves are modelled using OLS, MM robust regression, and Tobit. Semiparametric Engel curves …
Persistent link: https://www.econbiz.de/10005574858
The nonparametric censored regression model is y = max[c, m(x) + e], where both the regression function m(x) and the …
Persistent link: https://www.econbiz.de/10005593534
This study focuses on a comparison and evaluation of models and estimators appropriate for time-use data. The tobit … type I as well as different generalizations are used. According to our findings, a simple tobit I method can produce …
Persistent link: https://www.econbiz.de/10005651743
The nonparametric censored regression model, with a fixed, known censoring point (normalized to zero), is y = max[0,m … heteroscedasticity. We also extend the estimator to the nonparametric truncated regression model, in which only uncensored data points …
Persistent link: https://www.econbiz.de/10010745070
We present a simple way to estimate the effects of changes in a vector of observable variables X on a limited dependent variable Y when Y is a general nonseparable function of X and unobservables, and X is independent of the unobservables. We treat models in which Y is censored from above,...
Persistent link: https://www.econbiz.de/10009003657
-diary data—Tobit, the Cragg (1971) two-part model, and OLS—under a number of alternative assumptions about the data … Tobit would seem to be the natural approach. However, it is important to recognize that the zeros in time-use data arise … much longer. Thus it is not clear that Tobit is appropriate. In this study, I examine the bias associated with alternative …
Persistent link: https://www.econbiz.de/10008603123