Peer-Reviewed Journal Details
Mandatory Fields
Hynes, S. and Greene, W.
2013
Unknown
Land Economics
A Panel Travel Cost Model accounting for endogenous stratification and truncation: A latent class approach
Published
()
Optional Fields
89
1
177
192
In this paper, we develop a panel datanegative binomial count model that corrects for endogenousstratification and truncation. We also incorporatea latent class structure into our panel specification,which assumes that the observations aredrawn from a finite number of segments, where thedistributions differ in the intercept and the coefficientsof the explanatory variables. The paper argues thatcount data panel models corrected for on-site samplingmay still be inadequate and potentially misleadingif the population of interest is heterogeneouswith respect to the impact of the chosen explanatoryvariables.
ISSN 0023-7639; E-ISSN 15
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