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RE: st: robust substitute for the tobit model


From   "Nick Cox" <[email protected]>
To   <[email protected]>
Subject   RE: st: robust substitute for the tobit model
Date   Mon, 29 Jan 2007 12:11:00 -0000

I don't have access to this journal. What significance
procedure justifies their claim? 

Nick 
[email protected] 

[email protected]
 
> Elizabeth said: 
> Using former posts from Statlist, I've found I need to use 
> the command intreg because a Tobit will not produce robust 
> st. errors. 
> 
> I want just let you know something related to this issue 
> (althought no Stata code is provided):
> 
> Quote from the abstract: "this paper attempts to apply 
> symmetrically trimmed least squares estimation as a 
> semi-parametric estimation of the Tobit model in order to 
> model firms' R&D expenditures with zero values. The result of 
> specification test indicates the semi-parametric estimation 
> outperforms the parametric ML estimation significantly."
> 
> Full reference:
> Scientometrics, Vol. 69, No. 1 (2006) 57�67
> A semi-parametric modeling of firms' R&D expenditures with zero values
> SEUNG-HOON YOO & HYE-SEON MOON

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