Module 11: Tobit Models

Summary

This training module introduces the Type I Tobit model and how to implement it in Stata.  

Objectives

The general objective of this training module is to provide an overview of the Type I Tobit model and the situations in which it is appropriate to use it.

The more specific objectives are to:

  1. Provide a review of corner solutions, what they entail, and the pros/cons of using OLS in such cases.
  2. Discuss the type I Tobit model as a solution to the OLS shortcomings.  
  3. Demonstrate how to estimate the type I Tobit model in STATA.
  4. Discuss how to report the results of the type I Tobit model.

Collaborators

Veronique Theriault (MSU), Nicole Mason-Wardell (MSU), Paul Samboko (MSU)

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