Count-data regression models of the time to adopt new technologies
Bruce McWilliams, Yacov Tsur, Eithan Hochman, David Zilberman
Abstract
Bruce McWilliams, Yacov Tsur, Eithan Hochman, David Zilberman
Abstract
This paper presents a framework for interpreting and using the count-data model for estimating the time of technology adoption. The Bernoulli trials of the negative binomial model are interpreted as the stages involved in a potential adopter learning and updating information relevant to a new technology. Empirically, the paper estimates the Poisson, the generalized negative binomial, and the geometric models in order to identify the determinants of computer adoption on farms in California.
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This paper presents a framework for interpreting and using the count-data model for estimating the time of technology adoption. The Bernoulli trials of the negative binomial model are interpreted as the stages involved in a potential adopter learning and updating information relevant to a new technology. Empirically, the paper estimates the Poisson, the generalized negative binomial, and the geometric models in order to identify the determinants of computer adoption on farms in California.
Key concepts: Count data, Negative binomial distribution, Binomial regression, Poisson regression, Econometrics, Poisson distribution, Bernoulli trial, Computer science