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Analysis of Household Consumption Behavior and Indebted Self-Selection Effects: Case Study of Thailand
المؤلفون المشاركون
Sriboonchitta, Songsak
Liu, Jianxu
Sirikanchanarak, Duangthip
Xie, Jiachun
المصدر
Mathematical Problems in Engineering
العدد
المجلد 2018، العدد 2018 (31 ديسمبر/كانون الأول 2018)، ص ص. 1-12، 12ص.
الناشر
Hindawi Publishing Corporation
تاريخ النشر
2018-04-17
دولة النشر
مصر
عدد الصفحات
12
التخصصات الرئيسية
الملخص EN
Copula is deemed to be a good approach for relaxing bivariate or multivariate distributions in econometric models.
This paper combines static and dynamic copula functions with endogenous switching to study self-selection effects and interdependence between error terms.
This technique, copula-based models, is applied to analyze household consumption behavior and indebted self-selection effects in Thailand.
The independent, Gaussian, Frank, Clayton, Gumbel, and Joe copula functions and the relatively rotated copula functions were employed in the empirical work.
The best model was selected by the information criterion, AIC.
We separated the households into four groups, indebted households, debt-free households, households with housing/land loans, and households without housing/land loans, which favors the examination of the treatment effects of indebted households or households with housing debts.
The main results indicate that dynamic copula-based models offer better performance than others, such as classical endogenous switching models or all static copula-based models.
Also, the I–I and the G–G models underestimate the treatment effects relative to the best models.
Additionally, importantly, the traditional normal bivariate distribution or the static copula function could characterize the relationship as regards errors between household debt choice and household consumption and can lead to very misleading implications about the treatment effects.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
Liu, Jianxu& Sirikanchanarak, Duangthip& Sriboonchitta, Songsak& Xie, Jiachun. 2018. Analysis of Household Consumption Behavior and Indebted Self-Selection Effects: Case Study of Thailand. Mathematical Problems in Engineering،Vol. 2018, no. 2018, pp.1-12.
https://search.emarefa.net/detail/BIM-1207982
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
Liu, Jianxu…[et al.]. Analysis of Household Consumption Behavior and Indebted Self-Selection Effects: Case Study of Thailand. Mathematical Problems in Engineering No. 2018 (2018), pp.1-12.
https://search.emarefa.net/detail/BIM-1207982
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
Liu, Jianxu& Sirikanchanarak, Duangthip& Sriboonchitta, Songsak& Xie, Jiachun. Analysis of Household Consumption Behavior and Indebted Self-Selection Effects: Case Study of Thailand. Mathematical Problems in Engineering. 2018. Vol. 2018, no. 2018, pp.1-12.
https://search.emarefa.net/detail/BIM-1207982
نوع البيانات
مقالات
لغة النص
الإنجليزية
الملاحظات
Includes bibliographical references
رقم السجل
BIM-1207982
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
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تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر
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