A numerically stable quadrature procedure for the one-factor random component discrete choice model.
The Gaussian quadrature formula had been popularized by Butler and Moffitt (1982 Econometrika 50, 761–764) for the estimation of the error component probit panel model. Borjas and Sueyoshi (1994, Journal of Econometrics 64, 164–182) pointed out some numerical and statistical difficulties of applyin...
| Publicado en: | Journal of Econometrics Vol. 95; no. 1; pp. 117 - 130 |
|---|---|
| Autor principal: | |
| Formato: | Artículo |
| Publicado: |
Elsevier Science
March 2000
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |