✦ LIBER ✦

Individual heterogeneity and censoring in panel data estimates of tobacco expenditure

✍ Scribed by Andrew M. Jones; José M. Labeaga

Publisher: John Wiley and Sons
Year: 2003
Tongue: English
Weight: 161 KB
Volume: 18
Category: Article
ISSN: 0883-7252
DOI: 10.1002/jae.673

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

A panel of households is used to test the rational addiction model of Becker et al. (1994). These data raise problems of measurement errors, censoring, and unobservable heterogeneity. We use sample separation information to exclude those households who never purchase tobacco. To deal with the remaining zeros we compare specifications based on infrequency of purchase and on censoring. GMM and system‐GMM are used to deal with errors‐in‐variables and unobservable heterogeneity. Within‐groups two‐step, within‐groups three‐step GMM and Minimum Distance methods are used to allow for censoring. There is evidence that the rational addiction specification is sensitive to unobservable heterogeneity and censoring. Copyright © 2002 John Wiley & Sons, Ltd.

📜 SIMILAR VOLUMES

Estimation and specification analysis of

Estimation and specification analysis of models of dividend behavior based on censored panel data

✍ B. S. Kim; G. S. Maddala 📂 Article 📅 1992 🏛 Springer-Verlag 🌐 English ⚖ 870 KB

Heterogeneous labor and the dynamics of

Heterogeneous labor and the dynamics of aggregate labor demand: Some estimations using panel data

✍ G. Bresson; F. Kramarz; P. Sevestre 📂 Article 📅 1992 🏛 Springer-Verlag 🌐 English ⚖ 979 KB

Estimation of Microorganism Counts in Ag

Estimation of Microorganism Counts in Agglutination and Enzyme Linked Immuno-Sorbent Assays: Consequences of Ignoring Censored Data

✍ A.C. Trajstman 📂 Article 📅 2000 🏛 John Wiley and Sons 🌐 English ⚖ 106 KB 👁 1 views

Simultaneous estimation of pollen contam

Simultaneous estimation of pollen contamination and pollen fertilities of individual trees in conifer seed orchards using multilocus genetic data

✍ S. C. Stewart 📂 Article 📅 1994 🏛 Springer 🌐 English ⚖ 468 KB

Narrow Replication of Serlenga and Shin

Narrow Replication of Serlenga and Shin (2007) gravity models of intra-EU trade: application of the CCEP-HT estimation in heterogeneous panels with unobserved common time-specific factors

✍ Professor Badi H Baltagi 📂 Article 📅 2010 🏛 John Wiley and Sons 🌐 English ⚖ 41 KB 👁 1 views

Maximum likelihood estimation in surviva

Maximum likelihood estimation in survival analysis with grouped data on censored individuals and continuous data on failures. : Huet S., Kaddour A., Institut National de la Recherche Agronomique, Jouy-en-Josas, France, Journal of the Royal Statistical Society: Applied Statistics, Vol. 43, nr. 2, 1994, pp. 325–333.

📂 Article 📅 1994 🏛 Elsevier Science 🌐 English ⚖ 105 KB