The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Censored Data Models

  • G. S. Maddala
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_314

Abstract

The censored normal regression model considered by Tobin (1958), also commonly known as the ‘tobit’ model, is the following:

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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • G. S. Maddala
    • 1
  1. 1.