Estimation of tobit-type models with individual specific effects
AbstractThe aim of this paper is two-fold. First, we review recent estimators for censored regression and sample selection panel data models with unobservable individual specific effects, and show how the idea behind these estimators can be used to construct estimators for a variety of other Tobit-type models. The estimators presented in this paper are semiparametric, in the sense that they do not require the parametrization of the distribution of the unobservables. The second aim of the paper is to introduce a new class of estimators for the censored regression model. The advantage of the new estimators is that they can be applied under a stationarity assumption on the transitory error terms, which is weaker than the exchangeability assumption that is usually made in this literature. A similar generalization does not seem feasible for the estimators of the other models that are considered.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Econometric Reviews.
Volume (Year): 19 (2000)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.tandfonline.com/LECR20
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Olaf Hübler, 2006. "Multilevel and nonlinear panel data models," AStA Advances in Statistical Analysis, Springer, vol. 90(1), pages 121-136, March.
- Rettenmaier, Andrew J. & Wang, Zijun, 2006. "Persistence in Medicare reimbursements and personal medical accounts," Journal of Health Economics, Elsevier, vol. 25(1), pages 39-57, January.
- Maria Laura Parisi & Alessandro Sembenelli, 2001.
"Is Private R&D Spending Sensitive to Its Price? Empirical Evidence on Panel Data for Italy,"
Boston College Working Papers in Economics
493, Boston College Department of Economics.
- Maria Parisi & Alessandro Sembenelli, 2003. "Is Private R & D Spending Sensitive to Its Price? Empirical Evidence on Panel Data for Italy," Empirica, Springer, vol. 30(4), pages 357-377, December.
- Anna Cristina D'Addio & Bo E. Honoré, 2002.
"Duration dependence and time varying variables in discrete time duration models,"
10th International Conference on Panel Data, Berlin, July 5-6, 2002
D6-3, International Conferences on Panel Data.
- Anna Christina D'Addio & Bo E. Honoré, . "Duration Dependence and Timevarying Variables in Discrete Time Duration Models," Economics Working Papers 2002-13, School of Economics and Management, University of Aarhus.
- Wladimir Raymond & Pierre Mohnen & Franz Palm & Sybrand Schim van der Loeff, 2007.
"The Behavior of the Maximum Likelihood Estimator of Dynamic Panel Data Sample Selection Models,"
CESifo Working Paper Series
1992, CESifo Group Munich.
- Wladimir Raymond & Pierre Mohnen & Franz Palm & Sybrand Schim van der Loeff, 2007. "The Behavior of the Maximum Likelihood Estimator of Dynamic Panel Data Sample Selection Models," CIRANO Working Papers 2007s-06, CIRANO.
- Mohnen, Pierre & Raymond, Wladimir & Palm, Franz & Schim van der Loeff, Sybrand, 2007. "The Behavior of the Maximum Likelihood Estimator of Dynamic Panel Data Sample Selection Models," MERIT Working Papers 007, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
- Hübler, Olaf, 2005. "Panel Data Econometrics: Modelling and Estimation," Diskussionspapiere der Wirtschaftswissenschaftlichen FakultÃ¤t der Leibniz UniversitÃ¤t Hannover dp-319, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
- Lisa Farrell & Paul Frijters & Michael A. Shields, 2002.
"The Economic Motives for Child Allowances: Altruism, Exchange or Value of Independence?,"
Discussion Papers Series
446, School of Economics, University of Queensland, Australia.
- Paul Frijters & Lisa Farrell & Michael A. Shields, 2002. "The Economic Motives For Child Allowances:Altruism, Exchange Or Value Of Independence?," Paul Frijters Discussion Papers 2002-3, School of Economics and Finance, Queensland University of Technology.
- Mathieu Bunel, 2012. "Evaluer un dispositif sectoriel d'aide à l'emploi : L'exemple des hôtels cafés restaurants de 2004 à 2009," Working Papers halshs-00736693, HAL.
- Mathieu Bunel, 2012. "Evaluer un dispositif sectoriel d’aide à l’emploi : L’exemple des hôtels cafés restaurants de 2004 à 2009," TEPP Research Report 2012-03, TEPP.
- Mathieu Bunel, 2012. "Évaluer un dispositif sectoriel d'aide à l'emploi : l'exemple des hôtels, cafés et restaurants de 2004 à 2009," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 201223, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.
- MICHAEL R. CARTER & Pedro Olinto, 2000.
"Getting Institutions 'Right' for Whom: Credit Constraints and the Impact of Property Rights on the Quantity and Compostiton of Investment,"
Wisconsin-Madison Agricultural and Applied Economics Staff Papers
433, Wisconsin-Madison Agricultural and Applied Economics Department.
- Michael R. Carter & Pedro Olinto, 2003. "Getting Institutions “Right” for Whom? Credit Constraints and the Impact of Property Rights on the Quantity and Composition of Investment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(1), pages 173-186.
- Carter, Michael R. & Olinto, Pedro, 2000. "Getting Institutions 'Right' for Whom: Credit Constraints and the Impact of Property Rights on the Quantity and Compostiton of Investment," Staff Paper Series 433, University of Wisconsin, Agricultural and Applied Economics.
- Lee, Myoung-jae & Cho, Myeong-hyeon, 2002. "Validity of LSE for trimmed and differenced panel data due to absorbing attrition," Economics Letters, Elsevier, vol. 74(2), pages 251-256, January.
- Lee, Myoung-jae, 2001. "First-difference estimator for panel censored-selection models," Economics Letters, Elsevier, vol. 70(1), pages 43-49, January.
- Badi Baltagi & Seuck Song, 2006. "Unbalanced panel data: A survey," Statistical Papers, Springer, vol. 47(4), pages 493-523, October.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.