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| Content Provider | Springer Nature Link |
|---|---|
| Author | Greene, William |
| Copyright Year | 2008 |
| Abstract | We present several extensions of the Poisson and negative binomial models for count data based on the lognormal model for latent heterogeneity in the conditional means. The lognormal model provides a versatile specification that is more flexible than the familiar log gamma form, and provides a platform for several “two part” extensions that have appeared in the literature, including zero inflation, hurdle and sample selection models. We then extend these received two- part models by allowing for endogeneity of the participation equation. We conclude with a detailed application using the data employed in a recent study of the German health care system. |
| Starting Page | 133 |
| Ending Page | 173 |
| Page Count | 41 |
| File Format | |
| ISSN | 03777332 |
| Journal | Empirical Economics |
| Volume Number | 36 |
| Issue Number | 1 |
| e-ISSN | 14358921 |
| Language | English |
| Publisher | Springer-Verlag |
| Publisher Date | 2008-03-28 |
| Publisher Place | Berlin, Heidelberg |
| Access Restriction | One Nation One Subscription (ONOS) |
| Subject Keyword | Poisson regression Count data Heterogeneity Lognormal Two part model Statistics for Business/Economics/Mathematical Finance/Insurance Econometrics Economics general Economic Theory |
| Content Type | Text |
| Resource Type | Article |
| Subject | Statistics and Probability Social Sciences Economics and Econometrics |
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