Two-Part Models for Fractional Responses Defined as Ratios of Integers
This paper discusses two alternative two-part models for fractional response variables that are defined as ratios of integers. The first two-part model assumes a Binomial distribution and known group size. It nests the one-part fractional response model proposed by Papke and Wooldridge (1996) and, t...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2014-09-01
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Series: | Econometrics |
Subjects: | |
Online Access: | http://www.mdpi.com/2225-1146/2/3/123 |