Two-step estimation of a censored system of equations

被引:266
|
作者
Shonkwiler, JS [1 ]
Yen, ST [1 ]
机构
[1] Univ Nevada, Reno, NV 89557 USA
关键词
Heien and Wessells procedure; limited dependent variables; Monte Carlo simulation;
D O I
10.2307/1244339
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
A consistent two-step estimation procedure is proposed for a system of equations with limited dependent variables. Monte Carlo simulation results suggest the procedure outperforms an existing two-step method.
引用
收藏
页码:972 / 982
页数:11
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