Modeling zero response data from willingness to pay surveys: A semi-parametric estimation

Seung Hoon Yoo, Tai Yoo Kim, Jai Ki Lee

Research output: Contribution to journalArticlepeer-review

8 Scopus citations

Abstract

This paper models zero response data from willingness to pay surveys by employing parametric and semi-parametric estimation methods. The result of the specification test indicates the semi-parametric estimation outperforms the parametric estimation significantly.

Original languageEnglish
Pages (from-to)191-196
Number of pages6
JournalEconomics Letters
Volume71
Issue number2
DOIs
StatePublished - May 2001

Keywords

  • C24
  • Symmetrically trimmed least squares
  • Willingness to pay
  • Zero response

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