What Belongs Where? Variable Selection for Zero-Inflated Count Models with an Application to the Demand for Health Care

Markus Jochmann

Research output: Working paperDiscussion paper

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Abstract

This paper develops stochastic search variable selection (SSVS) for zero-inflated count models which are commonly used in health economics. This allows for either model averaging or model selection in situations with many potential regressors. The proposed techniques are applied to a data set from Germany considering the demand for health care. A package for the free statistical software environment R is provided.
Original languageEnglish
Place of PublicationGlasgow
PublisherUniversity of Strathclyde
Number of pages21
Publication statusPublished - 31 Oct 2009

Publication series

NameStrathclyde Discussion Papers in Economics
PublisherUniversity of Strathclyde
Volume09-23

Keywords

  • bayesian
  • model selection
  • model averaging
  • count data
  • zero-inflation
  • demand for health care

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