Per accedir als documents amb el text complet, si us plau, seguiu el següent enllaç: http://hdl.handle.net/2445/116970
dc.contributor.author | Schmidheiny, Kurt |
---|---|
dc.contributor.author | Brülhart, Marius |
dc.date | 2017-10-24T06:33:35Z |
dc.date | 2017-10-24T06:33:35Z |
dc.date | 2009 |
dc.identifier | http://hdl.handle.net/2445/116970 |
dc.identifier.uri | http://hdl.handle.net/2445/116970 |
dc.description | 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. |
dc.format | 25 p. |
dc.format | application/pdf |
dc.language | eng |
dc.publisher | Institut d’Economia de Barcelona |
dc.relation | Reproducció del document publicat a: http://www.ieb.ub.edu/2012022157/ieb/ultimes-publicacions |
dc.relation | IEB Working Paper 2009/14 |
dc.relation | [WP E-IEB09/14] |
dc.rights | cc-by-nc-nd, (c) Schmidheiny et al., 2009 |
dc.rights | http://creativecommons.org/licenses/by-nc-nd/3.0/es/ |
dc.rights | info:eu-repo/semantics/openAccess |
dc.subject | Localització industrial |
dc.subject | Empirisme |
dc.subject | Anàlisi de regressió |
dc.subject | Industrial location |
dc.subject | Empiricism |
dc.subject | Regression analysis |
dc.title | On the equivalence of location choice models: conditional logit, nested logit and poisson |
dc.type | info:eu-repo/semantics/workingPaper |