Joakim Westerlund
Professor, Programchef - Magisterprogram i Dataanalys och ekonomi
Testing additive versus interactive effects in fixed-[Formula presented] panels
Författare
Summary, in English
This paper proposes a new test of the null hypothesis of additive fixed effects versus the alternative of general interactive effects. This is not the only test of its kind in the literature; however, it is the only test that is valid in panels where [Formula presented] is fixed. The asymptotic distribution of the new test statistic is derived and simulation results are provided to suggest that it performs well in small samples.
Avdelning/ar
- Nationalekonomiska institutionen
Publiceringsår
2019
Språk
Engelska
Sidor
5-8
Publikation/Tidskrift/Serie
Economics Letters
Volym
174
Dokumenttyp
Artikel i tidskrift
Förlag
Elsevier
Ämne
- Economics
Nyckelord
- Additive fixed effects
- Hausman test
- Interactive effects
- Panel data regression
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 0165-1765