Abstract

This paper surveys some applications of artificial regres- sions including the GAUSS-NEWTON, Double-Length and Binary Response Model regressions as testing tools for panel data models. In addition, seve- ral other artificial regression tests are reviewed including HAUSMAN's (1978) specification test, CHAMBERLAIN's (1982) omnibus goodness-of-fit test and WOOLDRIDGE's (1995) simple variable addition tests for selection bias. The important point to emphasize is that in many cases these artificial regres- sions provide the easiest way to compute specification tests, and in most cases provide a reasonably easy way to do so.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.