Thanks to Kit Baum a new package -mvtobit- is available from SSC.
-mvtobit- mvtobit estimates M-equation tobit models (including bivariate
tobit models). To evaluate the multidimensional integrals, -mvtobit-
relies on Cappellari & Jenkins' mdraws and egen mvnp commands to
implement the Geweke-Hajivassiliou-Keane (GHK) simulator. The estimator
is implemented with the lf method and supports all the usual maximum
likelihood features. Computation time is an issue with many equations.
Requires: Stata 8.2, -mdraws- from SSC and in some instances _gclsort
(see helpfile).
I would be happy to know of any bugs - and, well - successful use of the
command.
Best,
Mikkel
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