Table 10 - Tobit Models by Metropolitan Areas: 1996/97
Table 10 - Tobit Models by Metropolitan Areas: 1996/97
| Variable | Haifa | Tel Aviv metropolitan area | ||
|---|---|---|---|---|
| Coefficient | t statistic | Coefficient | t statistic | |
| Regression intercept | 3.00 | 36.84 | 3.04 | 68.47 |
| Age | ||||
| 8-13 | 0.62 | 3.69 | 0.46 | 5.03 |
| 14-17 | 1.53 | 8.93 | 0.85 | 9.14 |
| 18-29 | 1.02 | 8.83 | 0.76 | 12.14 |
| 30-64 | 1.07 | 12.10 | 0.68 | 14.20 |
| 65+ | 0.00 | – | 0.00 | – |
| Number of cars per household | ||||
| 0 | −1.20 | −12.68 | −1.07 | −20.42 |
| 1 | −0.52 | −6.09 | −0.47 | −10.40 |
| 2+ | 0.00 | – | 0.00 | – |
| Drivers's license | ||||
| No license | −1.08 | −12.89 | −0.97 | −21.38 |
| License | 0.00 | – | 0.00 | – |
| Employed | ||||
| Not employed | −1.36 | −17.25 | −1.27 | −29.96 |
| Employed | 0.00 | – | 0.00 | – |
| Household status | ||||
| Head (0 = no) | −0.56 | −7.42 | −0.48 | −11.66 |
| Head (1 = yes) | 0.00 | – | 0.00 | – |
| Education | ||||
| 0 years | 0.50 | 4.21 | 0.21 | 3.14 |
| 1-8 years | −0.77 | −7.27 | −0.60 | −10.06 |
| 9-12 years | −0.12 | −1.34 | −0.19 | −4.21 |
| 13+ years | 0.00 | – | 0.00 | – |
| Standard error of U | 2.85 | 2.67 | ||
| Overall pseudo R 2* | 0.23 | 0.21 | ||
| Number of observations used | 5,026 | 15,689 | ||
| Log likelihood | −9,060.98 | −28,376.08 | ||
| Log likelihood constant only |
−9,806.57 | −30,515.70 | ||
* Pseudo R 2 is a measure of goodness of fit similar to R 2 in ordinary least squares. The residuals are calculated based on the maximum likelihood estimators. For details of its calculation see the EasyReg manual, available at http://econ.la.psu.edu/~hbierens/EasyRegTours/TOBIT_Tourfiles/TOBIT.PDF.