Stationarity and Mixing Properties of the Dynamic Tobit Model
Jinyong Hahn and Guido Kuersteiner
,
2
(
107
)
Economics Letters
105-111
May
2010
Abstract
We establish strict stationarity and strong mixing properties of the dynamic Tobit process. Using these results we show that the regularity conditions for bias corrections in general non-linear dynamic panel models are satisfied for the dynamic Tobit model.
