Machado, José AF and Santos Silva, JMC and Wei, Kehai (2016) Quantiles, corners, and the extensive margin of trade. European Economic Review, 89. pp. 73-84. DOI https://doi.org/10.1016/j.euroecorev.2016.05.011
Machado, José AF and Santos Silva, JMC and Wei, Kehai (2016) Quantiles, corners, and the extensive margin of trade. European Economic Review, 89. pp. 73-84. DOI https://doi.org/10.1016/j.euroecorev.2016.05.011
Machado, José AF and Santos Silva, JMC and Wei, Kehai (2016) Quantiles, corners, and the extensive margin of trade. European Economic Review, 89. pp. 73-84. DOI https://doi.org/10.1016/j.euroecorev.2016.05.011
Abstract
We develop a simple method for the estimation of quantile regressions for corner solutions data (i.e., fully observed non-negative data that have a mixed distribution with a mass-point at zero), focusing particular attention on the case where the domain of the variate of interest is bounded both from below and from above. We use the proposed method to study the determinants of the extensive margin of trade and find that most regressors have very different impacts on different parts of the distribution.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | BFGS algorithm; Corner solutions; Local bandwidth; Non-linear quantile regression |
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Faculty of Social Sciences > Economics, Department of |
| SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
| Depositing User: | Unnamed user with email elements@essex.ac.uk |
| Date Deposited: | 10 Jun 2016 15:27 |
| Last Modified: | 08 Jan 2022 00:33 |
| URI: | http://repository.essex.ac.uk/id/eprint/16913 |
Available files
Filename: 1-s2.0-S0014292116301040-main.pdf