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Introductory Econometrics 4th Edition by Jeffrey Wooldridge
Edition 4ISBN: 978-0324660609Introductory Econometrics 4th Edition by Jeffrey Wooldridge
Edition 4ISBN: 978-0324660609 Exercise 20
(Requires calculus)
(i) Suppose in the Tobit model that x1 = log(z1), and this is the only place z1 appears in x. Show that
where 1 is the coefficient on log(z1).
(ii) If x1 = z1, and x2 = zl, show that
where 1 is the coefficient on z1 and 2 is the coefficient on Z12
(i) Suppose in the Tobit model that x1 = log(z1), and this is the only place z1 appears in x. Show that
where 1 is the coefficient on log(z1).
(ii) If x1 = z1, and x2 = zl, show that
where 1 is the coefficient on z1 and 2 is the coefficient on Z12
Explanation
Verified
Verified
(i)
Consider the Tobit model such that 
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Introductory Econometrics 4th Edition by Jeffrey Wooldridge
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