I also tried to use the simulated data to estimate the model again to see whether the true parameters can be recovered. Specifically, what I did was:
Given the sample code, I obtained the true parameters (I also fixed all the complementarity/substitution deltas to be 0 to make it simpler). Then I ...
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Search found 4 matches
- 11 Dec 2023, 21:15
- Forum: Examples (existing and requests for new ones)
- Topic: Any example to simulate data for EMDC model?
- Replies: 5
- Views: 51389
- 11 Dec 2023, 08:25
- Forum: Model estimation
- Topic: Comparisons between MDCEV model and EMDC model
- Replies: 1
- Views: 11131
Comparisons between MDCEV model and EMDC model
Hi authors,
I have been thinking about the MDCEV model and the EMDC model. If I understand correctly, the EMDC model is a special case of the MDCEV model (or should I say it is MDCEV model with complementarity/substitution). That is to say, if I restrict the complementarity/substitution parameters ...
I have been thinking about the MDCEV model and the EMDC model. If I understand correctly, the EMDC model is a special case of the MDCEV model (or should I say it is MDCEV model with complementarity/substitution). That is to say, if I restrict the complementarity/substitution parameters ...
- 07 Dec 2023, 07:21
- Forum: Examples (existing and requests for new ones)
- Topic: Any example to simulate data for EMDC model?
- Replies: 5
- Views: 51389
Re: Any example to simulate data for EMDC model?
Hi Stephane and David,
Thank you very much for your quick response. This makes a lot of sense. I tried to use this function to simulate/predict. I did realize that the prediction takes much longer time (the estimation takes about 1 minute, while the prediction takes about 30 minutes using the data ...
Thank you very much for your quick response. This makes a lot of sense. I tried to use this function to simulate/predict. I did realize that the prediction takes much longer time (the estimation takes about 1 minute, while the prediction takes about 30 minutes using the data ...
- 04 Dec 2023, 07:01
- Forum: Examples (existing and requests for new ones)
- Topic: Any example to simulate data for EMDC model?
- Replies: 5
- Views: 51389
Any example to simulate data for EMDC model?
Hi authors,
Thank you very much for the package and the great forum. It is super helpful.
I am hoping to try the EMDC model that considers complementarity based on Palma and Hess (2022). I am wondering how we can simulate the budget allocation data? For example, I hope to simulate some budget ...
Thank you very much for the package and the great forum. It is super helpful.
I am hoping to try the EMDC model that considers complementarity based on Palma and Hess (2022). I am wondering how we can simulate the budget allocation data? For example, I hope to simulate some budget ...