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Estimating double-hurdle models with dependent errors and heteroskedasticity [PDF]
This paper describes the estimation of the parameters of a double-hurdle model in Stata. It is shown that the independent double-hurdle model can be estimated using a combination of existing commands. Likelihood evaluators to be used with Stata’s ml facilities are derived to illustrate how to fit independent and dependent inverse hyperbolic sine double-
Julian A. Fennema, Matthias Sinning
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PANEL DATA DOUBLE-HURDLE MODEL: AN APPLICATION TO DAIRY ADVERTISING
In this study, we extend to panel data structures the double-hurdle model typically used in cross-sectional data. The new double-hurdle model can account not only for the censored nature of commodity purchases, but also for the dynamics of the purchase process.
Dong, Diansheng +2 more
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BAYES' ESTIMATES OF THE DOUBLE HURDLE MODEL IN THE PRESENCE OF FIXED COSTS
We present a model of market adoption (participation) where the presence of non-negligible fixed costs leads to non-zero censoring of the traditional double-hurdle regression. Fixed costs arise due to household resources that must be devoted a priori to the decision to participate in the market.
Holloway, Garth J. +2 more
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Overcoming the double hurdles to investing in technology
Small Business Economics, 2009Technological activities of small and medium-sized enterprises (SMEs) have received considerable attention from researchers and policy makers since the mid-1980s. Small firms could nurture entrepreneurship and facilitate the creation and application of new ideas.
Erol Taymaz, Yeşim Üçdoğruk
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Consumption of Mushrooms: A double-hurdle Approach
2015This study investigates demographic, socioeconomic and food attributes factors contributing to the consumption of fresh and processed (jarred/canned) mushrooms. The double-hurdle model is employed to analyze the data. Awareness of mushroom health benefits, mushroom’s attributes, income, household size, race and age are significant determinants of the ...
Jiang, Yuan +7 more
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The Manchester School, 2000
The double‐hurdle model with dependence is extended by incorporating the Box–Cox transformation. The model nests a range of popular limited dependent variable models, including the Gaussian double‐hurdle, the generalized Tobit, and two‐part models. Estimates of US beef consumption suggest that the Box–Cox specification outperforms all other restrictive
Andrew M. Jones, Steven T. Yen
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The double‐hurdle model with dependence is extended by incorporating the Box–Cox transformation. The model nests a range of popular limited dependent variable models, including the Gaussian double‐hurdle, the generalized Tobit, and two‐part models. Estimates of US beef consumption suggest that the Box–Cox specification outperforms all other restrictive
Andrew M. Jones, Steven T. Yen
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A Double-Hurdle Model of Cigarette Consumption.
Journal of Applied Econometrics, 1989AbstractThis paper shows the importance of the double‐hurdle approach for modelling individuals' cigarette consumption, using data from the UK General Household Survey, and argues that participation and consumption should be treated as separate individual choices.
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A double-hurdle approach to advertising: The case of cheese
Agribusiness, 1992This article uses a double-hurdle model to examine the demand for cheese. Essentially, this approach argues that the effects of advertising and other factors on product demand should be judged in terms of their influence on two separate decisions: a decision to participate in the market for cheese and the decision concerning how much to purchase.
Noel Blisard, James R. Blaylock
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The Double Hurdle Model in the Presence of Fixed Costs
SSRN Electronic Journal, 2003We present a model of market participation in which the presence of nonnegligible fixed costs leads to non-zero censoring of the traditional double-hurdle regression. Fixed costs arise when household resources must be devoted a priori to the decision to participate in the market.
Garth J. Holloway +2 more
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