Relevant bibliographies by topics / Tobit Model and Marginal Products

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Academic literature on the topic 'Tobit Model and Marginal Products'

Author: Grafiati
Published: 3 June 2025
Last updated: 31 July 2025

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Journal articles on the topic "Tobit Model and Marginal Products"

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Bernard, John C., Chao Zhang, and Katie Gifford. "An Experimental Investigation of Consumer Willingness to Pay for Non-GM Foods When an Organic Option Is Present." Agricultural and Resource Economics Review 35, no. 2 (2006): 374–85. http://dx.doi.org/10.1017/s1068280500006808.

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This research compared bids that consumers placed on non genetically modified (GM), organic, and conventional versions of food products in order to determine if the organic market well serves those seeking to avoid GM foods. Auction experiments using potato chips, tortilla chips, and milk chocolate were conducted with 79 subjects. Bids were modeled as a function of consumer demographics using a heteroskedastic tobit regression model. Results with the non-GM attribute nested into the organic characteristic showed that the latter's marginal effects were insignificant. This suggested the potentia
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A.O., Egbetokun, and Ajijola S. "TECHNICAL EFFICIENCY OF COWPEA PRODUCTION IN OSUN STATE NIGERIA." Continental J. Agricultural Economics 2 (June 16, 2017): 32–37. https://doi.org/10.5281/zenodo.809977.

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This paper presents the analysis of technical efficiency of cowpea farmers in Osun State Southwest Nigeria, using the stochastic production frontier. The farmers’ average technical efficiency is 87%, which suggest an appreciable use of inputs in productivity. Analysis of technical efficient and some socio-economic variables using tobit regression model is found to be significantly different from zero at 1% for cooperative membership and farming experience. These are farm size, seed, hired labour, family labour, fertilizer and pesticides. It is suggested that farmers should be encouraged to joi
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Kostrzewska, Jadwiga. "Interpretacja w modelach tobitowych." Przegląd Statystyczny. Statistical Review 2011, no. 3-4 (2011): 256–80. http://dx.doi.org/10.59139/ps.2011.03-04.7.

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At first the tobit models according to T. Amemiya’s classification ([1]) are presented in the paper. Next, expected values and marginal effects in these models are obtained. In the tobit models marginal effects are not equal to coefficients of the model in general. To get a proper interpretation in the considered models, it is necessary to obtain marginal effects as a partial deviation of the expected values. Moreover, marginal effects are different for binary and continuous variables.
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Pullenayegum, Eleanor M., Jean-Eric Tarride, Feng Xie, and Daria O’Reilly. "Calculating Utility Decrements Associated With an Adverse Event." Medical Decision Making 31, no. 6 (2011): 790–99. http://dx.doi.org/10.1177/0272989x10393284.

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Background: When calculating the decreases in health utility associated with adverse events, often a number ofrespondents achieve the upper utility bound of 1. “Marginal” Tobit or CLAD coefficients have been used to account for this. These are calculated by using a Tobit or a CLAD model to estimate the decrease in a latent unbounded variable associated with the event or condition, then to multiply by the proportion of respondents falling below 1 in order to transform back to the utility scale. Objective & Methods: Starting with the Tobit model, we show mathematically that this procedure is
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Wang, Wei, and Michael E. Griswold. "Natural interpretations in Tobit regression models using marginal estimation methods." Statistical Methods in Medical Research 26, no. 6 (2015): 2622–32. http://dx.doi.org/10.1177/0962280215602716.

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The Tobit model, also known as a censored regression model to account for left- and/or right-censoring in the dependent variable, has been used in many areas of applications, including dental health, medical research and economics. The reported Tobit model coefficient allows estimation and inference of an exposure effect on the latent dependent variable. However, this model does not directly provide overall exposure effects estimation on the original outcome scale. We propose a direct-marginalization approach using a reparameterized link function to model exposure and covariate effects directl
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Hoffer, Adam, and Jared A. Pincin. "Quantifying NFL Players’ Value With the Help of Vegas Point Spreads Values." Journal of Sports Economics 20, no. 7 (2019): 959–74. http://dx.doi.org/10.1177/1527002519832060.

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This study develops a new method for converting performance statistics into marginal product by using Las Vegas sportsbooks’ individual point spread values (PSVs) for National Football League players. This sarticle employs a Tobit model due to the prevalence of player PSVs that are 0. We find that quarterbacks dominate the player’s values. Passing yards per game, passing touchdowns, and rushing touchdowns are the only findings that are consistently significantly related to PSVs.
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Wen, Yi, Lingxi Kong, and Gaoxiu Liu. "Big Data Analysis of e-Commerce Efficiency and Its Influencing Factors of Agricultural Products in China." Mobile Information Systems 2021 (December 11, 2021): 1–8. http://dx.doi.org/10.1155/2021/5708829.

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At present, the e-commerce industry of agricultural products plays a pivotal role in promoting income growth and helping rural revitalization. This paper collected relevant data in the recent 8 years (2012 to 2019) and used the DEA model and Tobit model to analyze the correlation degree between the efficiency and various influencing factors in China. DEA analysis results show that, in recent years, three efficiencies are quite different: the comprehensive efficiency and scale efficiency show an upward trend, while the pure technical efficiency remains at a high level. Tobit model results show
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Noreen, Uzma, and Shabbir Ahmad. "Cost Efficiency and Total Factor Productivity: An Empirical Analysis of Pakistan’s Insurance Sector." LAHORE JOURNAL OF ECONOMICS 21, no. 1 (2016): 123–50. http://dx.doi.org/10.35536/lje.2016.v21.i1.a5.

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This study uses data envelopment analysis and the Malmquist index to examine the impact of financial sector reforms on the efficiency and productivity of Pakistan’s insurance sector over the period 2000–09. Our results indicate that the sector is cost-inefficient, with an average score of 58 percent – an outcome of the inappropriate use of inputs. The Malmquist productivity index performs better, indicating an improvement in total factor productivity of about 3 percent on average. The second-stage Tobit regression analysis shows that large firms are relatively inefficient from an allocative pe
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Dennis, Donald F. "An Economic Analysis of Harvest Behavior: Integrating Forest and Ownership Characteristics." Forest Science 35, no. 4 (1989): 1088–104. http://dx.doi.org/10.1093/forestscience/35.4.1088.

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Abstract This study provides insight into the determinants of timber supply from private forests through development of both theoretical and empirical models of harvest behavior. A microeconomic model encompasses the multiple objective nature of private ownership by examining the harvest decision for landowners who derive utility from forest amenities and from income used for the consumption of other goods. Tobit analysis is used to estimate the relationship between harvest behavior and forest, owner, and economic characteristics from cross-sectional data for individual forest plots in New Ham
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Zhang, Pengyang, Lewen Zhang, Dandan Han, Tingting Wang, He Zhu, and Yongtao Chen. "Coupled and Coordinated Development of the Tourism Industry and Urbanization in Marginal and Less Developed Regions—Taking the Mountainous Border Areas of Western Yunnan as a Case Study." Land 12, no. 3 (2023): 640. http://dx.doi.org/10.3390/land12030640.

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Promoting the coupled and coordinated development of China’s tourism industry and urbanization is of great significance for its marginal and less developed regions. Taking a typical marginal and less developed region, the mountainous border areas of Western Yunnan as the research object, this study analyzed the spatial and temporal characteristics of the coupling coordination degree of the tourism industry and urbanization, as well as their influencing factors, in this region from 2010 to 2019 using the coupling coordination model, spatial gravity model, and panel Tobit model. The study result
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Dissertations / Theses on the topic "Tobit Model and Marginal Products"

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Bouhlal, Yasser. "A Retrospective and Prospective Analysis of the Demand for Cheese Varieties in the United States." Thesis, 2012. http://hdl.handle.net/1969.1/ETD-TAMU-2012-05-10745.

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The United States cheese consumption has grown considerably over the years. Using Nielsen Homescan panel data for calendar years 2005 and 2006, this dissertation examines the effect of economic and socio-demographic factors on the demand for disaggregated cheese varieties and on the cheese industry in general. In the first essay, we estimated the censored demand for 14 cheese varieties and identified the respective own-price and cross-price elasticities. Also, non-price factors were determined affecting the purchase of each variety as well as the impact of generic dairy advertising. Results re
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Books on the topic "Tobit Model and Marginal Products"

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Rogowski, Ronald. Trade, Immigration, and Cross‐Border Investment. Edited by Donald A. Wittman and Barry R. Weingast. Oxford University Press, 2009. http://dx.doi.org/10.1093/oxfordhb/9780199548477.003.0045.

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This article discusses the implications of four models related to trade, immigration, and cross-border investment. These four models are: Hecksher-Ohlin, Samuelson-Jones and Ricardo-Viner, neo-Ricardian, and Economies of Scale. The first three models assume constant returns to scale, but all models make the conventional assumption of diminishing marginal returns to any individual factor. The article discusses each model in detail, focusing on trade in products and cross-border migration and investment.
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Book chapters on the topic "Tobit Model and Marginal Products"

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Wang, Kun. "Degradation Analysis and Reliability Assessment for Fiber Optic Gyroscope with 3-Axis Dependent Degradation Processes." In Lecture Notes in Mechanical Engineering. Springer Nature Singapore, 2025. https://doi.org/10.1007/978-981-97-7887-4_50.

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Abstract As an important part of the inertial device in the ship strap-down inertial attitude measurement and navigation system, the high reliability of fiber optic gyroscopes (FOGs) is significant for the long-term precision of navigation systems and mission success for ships. Due to the combined impact of the external service environment and internal physical field, the performance of FOGs will gradually degrade. Although many studies are dedicated to the degradation analysis and reliability assessment of FOGs, few have considered the 3-axis dependent degradation processes of FOGs simultaneo
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Wen, Ue-Pyng, and Yi Chen. "Dynamic Pricing Model for Substitutable Products." In Innovations in Information Systems for Business Functionality and Operations Management. IGI Global, 2012. http://dx.doi.org/10.4018/978-1-4666-0933-4.ch012.

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A dynamic pricing model in airline seat allocation, where a seller offers two substitutable perishable products in the monopolist market, is proposed in this article. The objective is to maximize the total profit gained from both products. We analyze the problem using a multinomial logit model to describe the customer choice behavior. The exact solution is obtained according to the calculated optimal time thresholds. Sellers can dynamically adjust the price policy in the continuous-time process. We also analyze the efficient price strategy according to the marginal expected revenue function. F
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Sreeni, K. R. "Farmer Producer Company: A Model for Boosting Kerala’s Rural Economy." In Rural Areas - Development and Transformations [Working Title]. IntechOpen, 2023. http://dx.doi.org/10.5772/intechopen.110137.

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Farmers own and run Farmer Producer Companies (FPCs), a rapidly growing companies in India that was established under the section 465(1) of the Companies Act, 2013. Agriculture continues to be the backbone of the Indian economy, employing 42% of the labour force and contributing 20% of the country’s GDP. 86.6% of India’s small and marginal farmers depend on farming as their main source of income. Small and marginal farmers, in particular, play a significant role as shareholders in FPCs, which bring people together from all walks of life to learn more about the issue’s existence at the local le
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Maureen Ntshangase, Zamokwakhe, Tafa Sanelise, Bethwell Moyo, Sikwela Misery, and Johan Van Niekerk. "Factors Affecting Household Goat Farmers’ Market Participation and the Extent of Commercialization." In Goat Science - Environment, Health and Economy. IntechOpen, 2023. http://dx.doi.org/10.5772/intechopen.97233.

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This paper assessed the factors influencing farmers’ choice to participate in selling goats and the extent of goat commercialization in Zululand district of Kwa-Zulu Natal Province in South Africa. Data were collected through questionnaires administered to 175 selected goat farmers in five local municipalities within Zululand district. A Probit model was used to estimate the factors affecting farmers’ choice to commercialize while Tobit regression model was used to analyze the factors affecting the extent of commercialization. The Probit results show that the factors that positively and signif
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Yang, Xiaoxin. "Technological Innovation and Enterprise Capacity Utilization." In Modern Management based on Big Data III. IOS Press, 2022. http://dx.doi.org/10.3233/faia220082.

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China has now entered a stage of high-quality development. Realizing the transformation and upgrading of the manufacturing industry in the new stage is conducive to promoting China’s high-quality development process. However, the current problem of insufficient capacity utilization in the manufacturing industry will affect its transformation and upgrading. From the perspective of micro-enterprises based on the data of 1,628 A-share listed companies in China’s manufacturing industry, this paper uses a random panel Tobit model to study the impact of technological innovation on enterprise capacit
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Mukhopadhyay, Arunabha, Samir Chatterjee, Debashis Saha, Ambuj Mahanti, and Samir K. Sadhukhan. "E-Risk Insurance Product Design." In Handbook of Research on Social and Organizational Liabilities in Information Security. IGI Global, 2009. http://dx.doi.org/10.4018/978-1-60566-132-2.ch004.

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An online business organization spends millions of dollars on firewalls, anti-virus, intrusion detection systems, digital signature, and encryption, to ensure minimal security breach. Nonetheless, a new virus or a clever hacker can easily compromise these deterrents, resulting in losses to the tune of millions of dollars annually. To minimize the financial loss, we propose that online businesses should invest in e-risk insurance products as a complementary alternative, above the network security appliances. In this work, we develop a Copula aided Bayesian Belief Network (CBBN) model, to assist
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Conference papers on the topic "Tobit Model and Marginal Products"

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Turner, Callaway, Scott Ferguson, and Joseph Donndelinger. "Exploring Heterogeneity of Customer Preference to Balance Commonality and Market Coverage." In ASME 2011 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. ASMEDC, 2011. http://dx.doi.org/10.1115/detc2011-48581.

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Offering increased variety in a market is one method of capturing greater market share. However, we generally observe diminishing marginal returns in share as the size of the product line is increased. Leveraging commonality is a means of offsetting this constraint as it leads to reductions in manufacturing costs and build complexity. Product platforms strive to capitalize on the naturally occurring phenomena that yield commonality in a product line. The structure of design variable values of individually optimized products create opportunities for commonality in a bottom-up platform, while a
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Moon, Seung Ki, and Daniel A. McAdams. "A Design Method for Developing a Universal Product Family in a Dynamic Market Environment." In ASME 2009 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. ASMEDC, 2009. http://dx.doi.org/10.1115/detc2009-86784.

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Innovative companies that generate a variety of products and services for satisfying customers’ specific needs are invoking and increasing research on mass-customized products, but the majority of their efforts are still focused on general consumers who are without disabilities. This research is motivated by the need to provide a basis of universal design guidelines and methods, primarily because of a lack of knowledge on disabilities in product design as well as methods for designing and evaluating products for everyone. Product family design is a way to achieve cost-effective mass customizat
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Moon, Seung Ki, Jun Shu, Timothy W. Simpson, and Soundar R. T. Kumara. "A Strategic Platform Design Method for Developing Customized Families of Services." In ASME 2009 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. ASMEDC, 2009. http://dx.doi.org/10.1115/detc2009-87280.

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Products are often paired with additional services to satisfy customers’ needs, differentiate product offerings, and remain competitive in today’s market. This research is motivated by the need to provide guidelines and methods to support the design of such services, addressing the lack of knowledge on customized service design as well as methods for designing and evaluating services for mass customization. We extend concepts from module-based product family design to create a method for designing families of services. In particular, we introduce a strategic platform design method for developi
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Huang, Yuhao, Zane Morris, Tim Sirola, et al. "Frequency-Constrained Multi-Material Topology Optimization: Commercial Solver Integrable Sensitivities." In WCX SAE World Congress Experience. SAE International, 2023. http://dx.doi.org/10.4271/2023-01-0029.

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<div class="section abstract"><div class="htmlview paragraph">Numerical tools such as topology optimization (TO) have seen large development in both academic and industrial settings, enabling the optimization of structural objectives and/or attributes, subject to a wide range of constraints, pertinent to the engineering and design problems of automotive and aerospace industries. Classical TO methods assume the use of a single material (SMTO), however, a recent and important advancement in this field is that of multi-material topology optimization (MMTO), capable of simultaneous mat
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Mohite, S. D. D. "Downstream Refining and Petrochemicals Challenges - Future Configuration." In SPE Energy Resources Conference. SPE, 2014. http://dx.doi.org/10.2118/spe-169979-ms.

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Abstract Precise predictions and solutions for tomorrow's needs are the key to building a growing, sustainable business. This requires a mixture of vision, strategic risk taking business model and investment in new technology. Refining trends forecast is useful for predicting possible landscape, where in challenge would be to meet twice the energy levels from today with half the CO2 emissions by 2030. Increasing and diversification of world's energy supplies to support the population of over 8 billion then would be a mammoth task, given that the triangle of energy, food and water will be cruci
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Reports on the topic "Tobit Model and Marginal Products"

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Hertel, Thomas, and Padma Swaminathan. Introducing Monopolistic Competition into the GTAP Model. GTAP Technical Paper, 2000. http://dx.doi.org/10.21642/gtap.tp06.

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This technical paper documents one approach to incorporating monopolistic competition into the GTAP model. In this framework, consumer preferences are heterogeneous, leading to an apparent "love of variety" in the aggregate utility function for each region. The more heterogeneous are preferences, the smaller the elasticity of substitution in the aggregate utility function, and the greater the value placed on the addition of new varieties. The same is true for firms, which experience lower unit costs for differentiated, intermediate inputs, as the number of varieties on offer increases. In orde
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