Quality selection in the consumption basket of urban and rural households: the comparison of the Hackman’s two-step method and the approach of Shankowiler and Yen
It is argued that application of the inverse of mill's ratio as a correction factor regression in Heckman’s two-step method leads to inconsistent estimates and the resulted elasticities are not reliable. To avoid inconsistency of sample selection bias, Shonkwiler & Yen (1999) introduce an a...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | fas |
| Published: |
Semnan University
2021-05-01
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| Series: | مدلسازی اقتصادسنجی |
| Subjects: | |
| Online Access: | https://jem.semnan.ac.ir/article_5619_ac4743098524b6ba472d8f95d791fcb1.pdf |