Tobit Model and Two-part Model: Comparation and Application to Insurance Demand Study

被引:0
|
作者
Zhou Hualin [1 ]
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
关键词
Tobit model; Two-part model; Four-part model; Two-step method; Insurance demand; RETRANSFORMATION;
D O I
暂无
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
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.
引用
收藏
页码:629 / 638
页数:10
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