ESTIMATION OF MINIMUM DEMAND THRESHOLDS: AN APPLICATION OF COUNT DATA PROCEDURES WITH THE EXISTENCE OF EXCESS ZERO OBSERVATIONS

Thomas R. Harris, Steven Yen and Steven C. Deller

No 21849, 2000 Annual meeting, July 30-August 2, Tampa, FL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Count data models that incorporate the existence of excess zero observations were employed to estimate minimum demand thresholds for rural Wisconsin retail sectors. It was found that single- and double-hurdle models improved the estimation of rural retail minimum demand thresholds.

Keywords: Consumer/Household Economics; Demand and Price Analysis (search for similar items in EconPapers)
Date: 2000
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