Equivalence of the standard and the modified switching regression models

成果类型:
Article
署名作者:
Ai, CR; Cassou, SP
署名单位:
State University of New York (SUNY) System; Stony Brook University
刊物名称:
REVIEW OF ECONOMICS AND STATISTICS
ISSN/ISSBN:
0034-6535
DOI:
10.2307/2109942
发表日期:
1996-05
页码:
365-366
关键词:
摘要:
Ophem (1993) employed a switching regression model with earnings entering the choice equation to investigate earnings differentials between the public and private sectors. Ophem also described a ''modified switching regression model'' in which only the equation for unknown earnings is substituted into the choice equation. He argued the coefficients in the choice equation can be identified in the modified switching regression model without exclusion restrictions and estimates from the modified switching regression model are more efficient than estimates from the standard switching regression model. We show that there are flaws in Ophem's analysis which invalidate his claims.
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