A Panel Travel Cost Model Accounting for Endogenous Stratification and Truncation: A Latent Class Approach
MetadataShow full item record
In this paper, we develop a panel data negative binomial count model that corrects for endogenous stratification and truncation. We also incorporate a latent class structure into our panel specification, which assumes that the observations are drawn from a finite number of segments, where the distributions differ in the intercept and the coefficients of the explanatory variables. The paper argues that count data panel models corrected for on-site sampling may still be inadequate and potentially misleading if the population of interest is heterogeneous with respect to the impact of the chosen explanatory variables.
Showing items related by title, author, creator and subject.
Meuleners, Lynn (2001)Assessments of quality of life (QOL) for adolescents have received relatively little attention in the literature. Although there is no consensus on the definition of adolescent QOL and what aspects should be measured, it ...
Chen, Wensu; Hao, Hong (2013)Blast-resistant structures are traditionally designed and fabricated with solid materials of heavy weight to resist blast loadings. This not only increases the material and construction costs, but also undermines the ...
Tan, Ben Hoea; Lucey, Anthony; Pitman, Mark (2011)Nowadays modern high-rise buildings have unique facades which partly rely on the incorporation of curtain walls. A curtain-wall system encloses the building to separate the internal and external environments. It can reduce ...