Adult Equivalence Scales Revisited
Опубликовано на портале: 21-11-2003
Journal of Agricultural and Applied Economics.
2001.
Vol. 33.
No. 1.
Тематический раздел:
Use of the Tobit model for estimation of adult equivalent scale (AES) parameters
and expenditure equations presupposes that zero observations represent exclusively
corner solutions. This paper tests for the underlying causes of zero observations
and estimates accordingly the AES parameters, the household size in adult equivalents
and the resulting expenditure equations and consumption profiles. The empirical application
concerns Greek household “soft” and “hard” cheese consumption.
The statistical results indicate that for the examined cheese categories the “double
hurdle participation” model adjusted for non-normality and heteroskedasticity
is the appropriate model for the estimation of AES parameters.
Ключевые слова
См. также:
Journal of Agricultural and Applied Economics.
2001.
Vol. 33.
No. 1.
[Статья]