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DC Field | Value | Language |
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dc.contributor.author | Schmidheiny, Kurt | - |
dc.contributor.author | Brülhart, Marius | - |
dc.date.accessioned | 2017-10-24T06:33:35Z | - |
dc.date.available | 2017-10-24T06:33:35Z | - |
dc.date.issued | 2009 | - |
dc.identifier.uri | http://hdl.handle.net/2445/116970 | - |
dc.description.abstract | It is well understood that the two most popular empirical models of location choice-conditional logit and Poisson - return identical coefficient estimates when the regressors are not individual specific. We show that these two models differ starkly in terms of their implied predictions. The conditional logit model represents a zero-sum world, in which one region's gain is the other regions' loss. In contrast, the Poisson model implies a positive-sum economy, in which one region's gain is no other region's loss. We also show that all intermediate cases can be represented as a nested logit model with a single outside option. The nested logit turns out to be a linear combination of the conditional logit and Poisson models. Conditional logit and Poisson elasticities mark the polar cases and can therefore serve as boundary values in applied research. | ca |
dc.format.extent | 25 p. | - |
dc.format.mimetype | application/pdf | - |
dc.language.iso | eng | ca |
dc.publisher | Institut d’Economia de Barcelona | ca |
dc.relation.isformatof | Reproducció del document publicat a: http://www.ieb.ub.edu/2012022157/ieb/ultimes-publicacions | - |
dc.relation.ispartof | IEB Working Paper 2009/14 | - |
dc.relation.ispartofseries | [WP E-IEB09/14] | cat |
dc.rights | cc-by-nc-nd, (c) Schmidheiny et al., 2009 | - |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/es/ | - |
dc.source | IEB (Institut d’Economia de Barcelona) – Working Papers | - |
dc.subject.classification | Localització industrial | cat |
dc.subject.classification | Empirisme | cat |
dc.subject.classification | Anàlisi de regressió | - |
dc.subject.other | Industrial location | eng |
dc.subject.other | Empiricism | eng |
dc.subject.other | Regression analysis | - |
dc.title | On the equivalence of location choice models: conditional logit, nested logit and poisson | ca |
dc.type | info:eu-repo/semantics/workingPaper | ca |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | ca |
Appears in Collections: | IEB (Institut d’Economia de Barcelona) – Working Papers |
Files in This Item:
File | Description | Size | Format | |
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IEB09-14_Schmidheiny+Brulhart.pdf | 566.79 kB | Adobe PDF | View/Open |
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