Tobit Model and Two-part Model: Comparation and Application to Insurance Demand Study
被引:0
|
作者:
Zhou Hualin
论文数: 0引用数: 0
h-index: 0
机构:
Yunnan Univ Finance & Econ, Sch Finance, Kunming 650221, Yunnan, Peoples R ChinaYunnan Univ Finance & Econ, Sch Finance, Kunming 650221, Yunnan, Peoples R China
Zhou Hualin
[1
]
Wang Xiangnan
论文数: 0引用数: 0
h-index: 0
机构:
Chinese Acad Social Sci, Inst Finance & Banking, Zhongye Bldg 11th Floor,Shuguang Xi Lu 28, Beijing 100028, Peoples R ChinaYunnan Univ Finance & Econ, Sch Finance, Kunming 650221, Yunnan, Peoples R China
Wang Xiangnan
[2
]
机构:
[1] Yunnan Univ Finance & Econ, Sch Finance, Kunming 650221, Yunnan, Peoples R China
[2] Chinese Acad Social Sci, Inst Finance & Banking, Zhongye Bldg 11th Floor,Shuguang Xi Lu 28, Beijing 100028, Peoples R China
The paper compares tobit model and two-part model. We summarize the features of the two types of model and compare the two types of model in assumptions, structural forms, estimation methods and application fields. Then, based on the CHNS data, we analyze China's residents' medical insurance demand using the two types of model. At last, we compare and discuss the empirical results of the two types of model.