Extensions of hurdle models for overdispersed count data

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Abstract

Hurdle models are frequently used to model count data. Recent developments in the count data literature make it possible to relax commonly imposed assumptions of these models. On the basis of these findings, two extensions of hurdle models that make popular specifications more flexible are developed. Both extensions nest the models that have been used so far, so they can be tested by appropriate parametric restrictions. An example from health economics illustrates the relevance of both model extensions.

Original languageEnglish
Pages (from-to)1398-1404
Number of pages7
JournalHealth Economics (United Kingdom)
Volume22
Issue number11
DOIs
StatePublished - Nov 2013
Externally publishedYes

Keywords

  • count data models
  • demand for health care
  • hurdle models

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