Underreporting of purchases of port wine
In this paper, we develop a new approach for modelling underreported Poisson counts. The parameters of the model are estimated by Markov chain Monte Carlo simulation. An application to a real data set from a Portuguese marketing survey illustrates the fruitfulness of the approach. We find that purchases of bottles of port wine increase significantly with income class and the size of the household.
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Volume (Year): 26 (1999)
Issue (Month): 4 ()
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- van Praag, B M S & Vermeulen, E M, 1993. "A Count-Amount Model with Endogenous Recording of Observations," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 8(4), pages 383-95, Oct.-Dec..
- Alessie, R.J.M. & Gradus, R.H.J.M. & Melenberg, B., 1987.
"The problem of not observing small expenditures in a consumer expenditure survey,"
FEW 293, Tilburg University, School of Economics and Management.
- Alessie, Rob & Gradus, Raymond H J M & Melenberg, Bertrand, 1990. "The Problem of Not Observing Small Expenditures in a Consumer Expenditure Survey," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 5(2), pages 151-66, April-Jun.
- Cameron, A Colin & Trivedi, Pravin K, 1986. "Econometric Models Based on Count Data: Comparisons and Applications of Some Estimators and Tests," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 1(1), pages 29-53, January.
- Winkelmann, Rainer & Zimmermann, Klaus F, 1995. " Recent Developments in Count Data Modelling: Theory and Application," Journal of Economic Surveys, Wiley Blackwell, vol. 9(1), pages 1-24, March.
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