Using the ces data set perform a tobit regression of


Using the CES data set, perform a tobit regression of expenditure on your commodity on total household expenditure, and compare the slope coefficient with those obtained in OLS regressions including and excluding observations with 0 expenditure on your commodity.

Request for Solution File

Ask an Expert for Answer!!
Econometrics: Using the ces data set perform a tobit regression of
Reference No:- TGS01544411

Expected delivery within 24 Hours