Joint estimation of farmers' farm and off-farm work participation requires a multivariate probit model, in which the number of equations is twice the number of household members. Where there are more ...
The estimation of empirical models is essential to public policy analysis and social science research. Ordinary Least Squares (OLS) regression analysis is the most frequently used empirical model, and ...
The GENMOD procedure fits a generalized linear model to the data by maximum likelihood estimation of the parameter vector .There is, in general, no closed form solution for the maximum likelihood ...
This is a preview. Log in through your library . Abstract Multinomial logit models, especially those calibrated on scanner data, often use explanatory variables that are nonlinear functions of the ...