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Original Articles

Specification tests for a parsimonious random-effects model

Pages 1009-1012 | Published online: 11 Dec 2006

References

  • Anderson , GJ . 1985 . Modelling dividend behaviour: an application of the Tobit model to panel data, McMaster University Economics Department Working Paper Series No. 85-22 .
  • Cox , D . 1962 . Further results on tests of separate families of hypothesis . Journal of the Royal Statistical Society , Series B, 24 : 406 – 24 .
  • Davidson , R and Mackinnon , J . 1981 . Several tests for model specification in the presence of alternative hypotheses . Econometrica , 49 : 781 – 93 .
  • Davidson , R and Mackinnon , J . 1982 . Some non-nested hypothesis test and the relations among them . Review of Economic Studies , 49 : 551 – 65 .
  • Kim , B and Maddala , G . 1992 . Estimation and specification analysis of models of dividend behavior based on censored panel data . Empirical Economics , 17 : 111 – 24 .
  • Pesaran , H . 1974 . On the general problem of model selection . The Review of Economic Studies , 41 : 153 – 71 .

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