Double-hurdle and purchase-infrequency demand analysis: A feasible integrated approach

Ayal Kimhi*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

9 Scopus citations

Abstract

This paper proposes an integrated model that incorporates, as special cases, the double-hurdle arid the purchase-infrequency models, both previously used to account for zero observations in commodity demand analyses. Monte-Carlo simulations show that the integrated model is more robust to misspecification of the censoring rule than any of the two simpler models. The integrated model is then applied to the demand for tobacco products in Israel. The purchase-infrequency results were closer to those of the integrated model than the results of the double-hurdle model.

Original languageAmerican English
Pages (from-to)425-442
Number of pages18
JournalEuropean Review of Agricultural Economics
Volume26
Issue number4
DOIs
StatePublished - 1999

Keywords

  • Demand
  • Integrated model
  • Zero observations

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