ESTIMATION OF MINIMUM DEMAND THRESHOLDS: AN APPLICATION OF COUNT DATA PROCEDURES WITH THE EXISTENCE OF EXCESS ZERO OBSERVATIONS

Harris, Thomas R.; Yen, Steven T.; Deller, Steven C.

doi:10.22004/ag.econ.21849

ESTIMATION OF MINIMUM DEMAND THRESHOLDS: AN APPLICATION OF COUNT DATA PROCEDURES WITH THE EXISTENCE OF EXCESS ZERO OBSERVATIONS

Harris, Thomas R. ; Yen, Steven T. ; Deller, Steven C.

Count data models that incorporate the existence of excess zero observations were employed to estimate minimum demand thresholds for rural Wisconsin retail sectors. It was found that single- and double-hurdle models improved the estimation of rural retail minimum demand thresholds.

Subject(s):

Consumer/Household Economics
Demand and Price Analysis

Issue Date:

2000

Publication Type:

Conference Paper/ Presentation

DOI and Other Identifiers:

10.22004/ag.econ.21849

Record Identifier:

https://ageconsearch.umn.edu/record/21849

PURL Identifier:

http://purl.umn.edu/21849