Truncated normal hurdle model

<h2 id="see-also">See also</h2>
<ul><li><a href="/facts/Hurdle_model/69haBcPh">Hurdle model</a></li>
<li><a href="/facts/Tobit_model/zmA78XSR">Tobit model</a></li></ul>

<h2 id="references">References</h2>

<ol>
<li id="fn:1"><p>Cragg, John G. (September 1971). "Some Statistical Models for Limited Dependent Variables with Application to the Demand for Durable Goods". Econometrica. 39 (5): 829–844. doi:10.2307/1909582. JSTOR 1909582. <a href="/wiki/Doi_(identifier)" target="_blank">/wiki/Doi_(identifier)</a> <a href="#fnref:1" class="footnote-back-ref">↩</a></p></li>
<li id="fn:2"><p>Wooldridge, J. (2002): Econometric Analysis of Cross Section and Panel Data, MIT Press, Cambridge, Mass, pp 690. <a href="#fnref:2" class="footnote-back-ref">↩</a></p></li>
<li id="fn:3"><p>Here, the notation follows Wooldridge (2002). Function 
  
    
      
        θ
        (
        x
        )
        =
        
          λ
          ′
        
      
    
    {\displaystyle \theta (x)=\lambda '}
  
 where 
  
    
      
        λ
        (
        x
        )
        =
        φ
        (
        χ
        )
        
          /
        
        Φ
        (
        χ
        )
        ,
      
    
    {\displaystyle \lambda (x)=\varphi (\chi )/\Phi (\chi ),}
  
 can be proved to be between 0 and 1. <a href="#fnref:3" class="footnote-back-ref">↩</a></p></li>
<li id="fn:4"><p>For more application example of corner solution model, refer to: Daniel J. Phaneuf, (1999): “A Dual Approach to Modeling Corner Solutions in Recreation Demand”,Journal of Environmental Economics and Management, Volume 37, Issue 1, Pages 85-105, ISSN 0095-0696. <a href="#fnref:4" class="footnote-back-ref">↩</a></p></li>
<li id="fn:5"><p>Cragg, John G. (September 1971). "Some Statistical Models for Limited Dependent Variables with Application to the Demand for Durable Goods". Econometrica. 39 (5): 829–844. doi:10.2307/1909582. JSTOR 1909582. <a href="/wiki/Doi_(identifier)" target="_blank">/wiki/Doi_(identifier)</a> <a href="#fnref:5" class="footnote-back-ref">↩</a></p></li>
<li id="fn:6"><p>Wooldridge, J. (2002): Econometric Analysis of Cross Section and Panel Data, MIT Press, Cambridge, Mass, pp 692-694. <a href="#fnref:6" class="footnote-back-ref">↩</a></p></li>
</ol>

Truncated normal hurdle model open-in-new

Truncated normal hurdle model