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A COMPARISON OF TOBIT AND OLS ESTIMATES OF JAPANESE PEANUT IMPORT DEMAND

 

作者: X. L. Wu,  

 

期刊: Journal of Agricultural Economics  （WILEY Available online 1992）
卷期: Volume 43, issue 1  

页码: 38-42

 

ISSN:0021-857X

 

年代: 1992

 

DOI:10.1111/j.1477-9552.1992.tb00196.x

 

出版商: Blackwell Publishing Ltd

 

数据来源: WILEY

 

摘要:

A Tobit analysis is applied to estimate Japanese peanut imports under quota restrictions for the period 1973–1988, and to assess the bias when the presence of quota is ignored by using OLS estimation. The results show that biased estimates are obtained by using OLS in the presence of quota restriction

 

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