[Limdep Nlogit List] panel tobit model

ecptq at bath.ac.uk ecptq at bath.ac.uk
Mon May 21 06:24:48 EST 2007


Hi, everyone,

I am running the random-effects tobit as follows:

tobit;lhs=body;rhs=one,X;pds=grpsize$

It comes the results with:
Error:   806: Line search does not improve fn. Exit iterations. Status=3

and the table shows iterations completed = 2.

Are the results of this random-effects tobit still reliable, and is
there anything I can do about it?

Thanks in advance.
-- 
Miss Tian Qiu
Department of Economics and International Development
University of Bath
Tel.: (01225) 384864





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