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This note proposes a generalized two-part model for fractional response variables that nests the one-part model proposed by Papke and Wooldridge (1996). Consequently, a Wald test allows to discriminate between these two competing models. A small scale Monte Carlo simulation demonstrates that the...
Persistent link: https://www.econbiz.de/10010293342
Based on the empirical firm growth literature and on heterogeneous (microeconomic) adjustment models, this paper empirically investigates the impact of European industry fluctuations and domestic business cycles on the growth performance of European firms. Since the implementation of the Single...
Persistent link: https://www.econbiz.de/10010294785
Based on the empirical firm growth literature and on heterogeneous (microeconomic) adjustment models, this paper empirically investigates the impact of European industry fluctuations and domestic business cycles on the growth performance of European firms. Since the implementation of the Single...
Persistent link: https://www.econbiz.de/10011345464
Background: Dental services differ from other health services in several dimensions. One important difference is that a substantial share of costs of dental services ? especially those beyond routine dental treatment - are paid directly by the patient out-of-pocket. Objectives: We analyze the...
Persistent link: https://www.econbiz.de/10011382720
Standard household economics assumes that couples pool their incomes and share the sum equally, which is a necessary prerequisite for computing equivalent incomes and hence all statements about the distribution of personal incomes and income poverty. However, since cohabitation without marriage...
Persistent link: https://www.econbiz.de/10010322523
Sample selection models, variants of which are the Heckman and Heckit models, are increasingly used by political scientists to accommodate data in which censoring of the dependent variable raises concerns of sample selectivity bias. Beyond demonstrating several pitfalls in the calculation of...
Persistent link: https://www.econbiz.de/10010327838
Introduction: Common approaches in cost-effectiveness analyses do not adjust for confounders. In nonrandomized studies this can result in biased results. Parametric models such as regression models are commonly applied to adjust for confounding, but there are several issues which need to be...
Persistent link: https://www.econbiz.de/10011599766
Aims: Dental services differ from other health services in several dimensions. One important difference is that a substantial share of costs of dental services-especially costs beyond routine dental treatment-is paid directly by the patient out-of-pocket. Settings and design: This study analyses...
Persistent link: https://www.econbiz.de/10011599829
Rural households are heterogeneous: different socio-economic characteristics and asset endowments dictate their engagement with different livelihood activities resulting in different livelihood outcomes. Poverty reduction policies should consider this. Using a unique environmentally augmented...
Persistent link: https://www.econbiz.de/10012101034
Focusing on travel survey data from Germany, this paper investigates the determinants of automobile travel, with the specific aim of quantifying the effects of fuel prices and fuel economy. The analysis is predicated on the notion that car mileage is a two-stage decision process, comprising the...
Persistent link: https://www.econbiz.de/10010264740