A note on Heckman-type corrections in models for zero expenditures

Authors
Vermeulen, F
Citation
F. Vermeulen, A note on Heckman-type corrections in models for zero expenditures, APPL ECON, 33(9), 2001, pp. 1089-1092
Citations number
10
Categorie Soggetti
Economics
Journal title
APPLIED ECONOMICS
ISSN journal
00036846 → ACNP
Volume
33
Issue
9
Year of publication
2001
Pages
1089 - 1092
Database
ISI
SICI code
0003-6846(200107)33:9<1089:ANOHCI>2.0.ZU;2-W
Abstract
In Heien and Wessells (1990), a two-step estimation procedure, that makes u se of Heckman-type corrections, is proposed to estimate consumption on hous ehold budget surveys. It is shown that this approach, which draws from swit ching regressions models, leads to inconsistent estimates.