Some statistical models for limited dependent variables with application to the demand for durable goods

Listed in:

• Adults' demand for tobacco products
• Impact of tax on tobacco use
• Theoretical frameworks
• Analysis of survey data
• Tax, price and tobacco use: Adults

Abstract

Several models for limited dependent variables (variables having a non-negligible probability of exactly equaling zero) are examined. Estimation in and discrimination among the various models are considered, followed by a small sampling experiment into the procedures and an example of their application.