Econometric modeling of business Telecommunications demand using Retina and Finite Mixtues
In this paper we estimate the business telecommunications demands for local, intra-LATA and inter-LATA services, using US data from a Bill Harvesting survey carried out during 1997. We model heterogeneity, which is present among firms due to a variety of different business telecommunication needs, b...
| Autores: | , |
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| Tipo de recurso: | informe técnico |
| Fecha de publicación: | 2005 |
| País: | España |
| Institución: | Universidad Complutense de Madrid (UCM) |
| Repositorio: | Docta Complutense |
| Idioma: | inglés |
| OAI Identifier: | oai:docta.ucm.es:20.500.14352/56620 |
| Acceso en línea: | https://hdl.handle.net/20.500.14352/56620 |
| Access Level: | acceso abierto |
| Palabra clave: | C21 C51 C52 Telecommunication Demand Models Local calls Inter-LATA calls intra-LATA calls Retina Flexible Functional Forms Heterogeneity Finite Mixtures Econometría (Economía) 5302 Econometría |
| Sumario: | In this paper we estimate the business telecommunications demands for local, intra-LATA and inter-LATA services, using US data from a Bill Harvesting survey carried out during 1997. We model heterogeneity, which is present among firms due to a variety of different business telecommunication needs, by estimating normal heteroskedastic mixture regressions. The results show that a three-component mixture model fits the demand for local services well, while a two-component structure is used to model intra-LATA and inter-LATA demand. We characterize the groups in terms of their differences among the coefficients, and then use Retina to perform automatic model selection over an expanded candidate regressor set which includes heterogeneity parameters as well as transformations of the original variables. |
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