Probit with heteroscedasticity: an application to Indian poverty analysis

Autor:	Kunal Sen, Ashok Parikh
Rok vydání:	2006
Předmět:	Economics and Econometrics Multivariate probit model Heteroscedasticity Limited dependent variable Probit model Homoscedasticity Statistics Econometrics Economics Ordered probit Multinomial probit Probit
Zdroj:	Applied Economics Letters. 13:699-707
ISSN:	1466-4291 1350-4851
DOI:	10.1080/13504850500402096
Popis:	This study argues that in limited dependent variable models, when there is heteroscedasticity, a probit model with a heteroscedastic structure should be estimated. The problem is illustrated using unit record data from the Indian National Sample Survey to analyse the determinants of poverty at household level. It is found that these biases are large even with large number of observations because in the limited dependent variable case, the bias does not vanish asymptotically when the assumption of homoscedasticity breaks down. Both regression coefficients and marginal effects differ widely between probit and hetprobit models in this study.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::be4bda40fa8c7553bdb16697d951d7f1 https://doi.org/10.1080/13504850500402096 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
Nepřihlášeným uživatelům se plný text nezobrazuje	K zobrazení výsledku je třeba se přihlásit.