| Literature DB >> 22623339 |
Kevin E Staub1, Rainer Winkelmann.
Abstract
Applications of zero-inflated count data models have proliferated in health economics. However, zero-inflated Poisson or zero-inflated negative binomial maximum likelihood estimators are not robust to misspecification. This article proposes Poisson quasi-likelihood estimators as an alternative. These estimators are consistent in the presence of excess zeros without having to specify the full distribution. The advantages of the Poisson quasi-likelihood approach are illustrated in a series of Monte Carlo simulations and in an application to the demand for health services.Mesh:
Year: 2012 PMID: 22623339 DOI: 10.1002/hec.2844
Source DB: PubMed Journal: Health Econ ISSN: 1057-9230 Impact factor: 3.046