The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Censored Data Models

  • G. S. Maddala
Reference work entry


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

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • G. S. Maddala
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