{"title":"空间样本选择模型*","authors":"Yong Bao, Gucheng Li, Xiaotian Liu","doi":"10.1111/obes.12599","DOIUrl":null,"url":null,"abstract":"<p>This paper presents a sample selection model with spatial correlation in the selection and outcome variables and studies the maximum likelihood method of estimation. Consistency and asymptotic normality of the maximum likelihood estimator are established by the spatial near-epoch dependent properties of the variables. Monte Carlo simulations show its good finite-sample performance. This model is used to examine the impact of climate change on cereal yields in Southeast Asia and projects that climate change may cause a reduction in cereal yields by <span></span><math>\n <semantics>\n <mrow>\n <mn>7</mn>\n <mo>%</mo>\n </mrow>\n <annotation>$$ 7\\% $$</annotation>\n </semantics></math> (<span></span><math>\n <semantics>\n <mrow>\n <mn>31</mn>\n <mo>%</mo>\n </mrow>\n <annotation>$$ 31\\% $$</annotation>\n </semantics></math>) in the minimum-change (maximum-change) scenario.</p>","PeriodicalId":54654,"journal":{"name":"Oxford Bulletin of Economics and Statistics","volume":"86 4","pages":"928-950"},"PeriodicalIF":1.5000,"publicationDate":"2024-01-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"A Spatial Sample Selection Model*\",\"authors\":\"Yong Bao, Gucheng Li, Xiaotian Liu\",\"doi\":\"10.1111/obes.12599\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>This paper presents a sample selection model with spatial correlation in the selection and outcome variables and studies the maximum likelihood method of estimation. Consistency and asymptotic normality of the maximum likelihood estimator are established by the spatial near-epoch dependent properties of the variables. Monte Carlo simulations show its good finite-sample performance. This model is used to examine the impact of climate change on cereal yields in Southeast Asia and projects that climate change may cause a reduction in cereal yields by <span></span><math>\\n <semantics>\\n <mrow>\\n <mn>7</mn>\\n <mo>%</mo>\\n </mrow>\\n <annotation>$$ 7\\\\% $$</annotation>\\n </semantics></math> (<span></span><math>\\n <semantics>\\n <mrow>\\n <mn>31</mn>\\n <mo>%</mo>\\n </mrow>\\n <annotation>$$ 31\\\\% $$</annotation>\\n </semantics></math>) in the minimum-change (maximum-change) scenario.</p>\",\"PeriodicalId\":54654,\"journal\":{\"name\":\"Oxford Bulletin of Economics and Statistics\",\"volume\":\"86 4\",\"pages\":\"928-950\"},\"PeriodicalIF\":1.5000,\"publicationDate\":\"2024-01-27\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Oxford Bulletin of Economics and Statistics\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1111/obes.12599\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Oxford Bulletin of Economics and Statistics","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/obes.12599","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
This paper presents a sample selection model with spatial correlation in the selection and outcome variables and studies the maximum likelihood method of estimation. Consistency and asymptotic normality of the maximum likelihood estimator are established by the spatial near-epoch dependent properties of the variables. Monte Carlo simulations show its good finite-sample performance. This model is used to examine the impact of climate change on cereal yields in Southeast Asia and projects that climate change may cause a reduction in cereal yields by () in the minimum-change (maximum-change) scenario.
期刊介绍：
Whilst the Oxford Bulletin of Economics and Statistics publishes papers in all areas of applied economics, emphasis is placed on the practical importance, theoretical interest and policy-relevance of their substantive results, as well as on the methodology and technical competence of the research.
Contributions on the topical issues of economic policy and the testing of currently controversial economic theories are encouraged, as well as more empirical research on both developed and developing countries.
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