Dear user,

I want to run a basic Tobit regression, I have a continuous outcome variable of medical cost and I have transformed this using the command 'asinh' in Stata, lets call this IHS cost. I was wondering if there is a user-written command so I can estimate the following equation, similar to equation 11 in Brown, Greene, Harris & Taylor (2015), please see the link to the paper (https://ideas.repec.org/a/eee/ecmode...cp228-236.html). [ATTACH=CONFIG]temp_24810_1637638537331_932[/ATTACH]
Where y is the IHS cost. In particular, I would like to estimate the highlighted gamma parameter.
Is there a way I am able to commute this?

Thanks for your help!

Kind Regards,
Aarushi