A NOTE ON COMPUTATION OF THE DOUBLE-HURDLE MODEL WITH DEPENDENCE WITH AN APPLICATION TO TOBACCO EXPENDITURE |
| |
| Authors: | Andrew M. Jones |
| |
| Affiliation: | Department of Economics and Related Studies, University of York. |
| |
| Abstract: | This note shows how the sample likelihood of the full double-hurdle model with dependence can be reformulated to allow estimation with standard econometric software. An illustrative example is provided, using data on tobacco expenditure by households in the 1984 UK Family Expenditure Survey. |
| |
| Keywords: | |
|
|
