Estimating Demand For Cigarettes And Alcohol With Zero Observations:
Consumption of cigarettes, beer and wine by individuals is investigated, using a multivariate sample selection model. Empirical results suggest that the proposed model performs better than the restricted specifications. Gender differences are also present.
|Date of creation:||2003|
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- J. Scott Shonkwiler & Steven T. Yen, 1999. "Two-Step Estimation of a Censored System of Equations," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(4), pages 972-982.
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