Test of random versus fixed effects with small within variation

Comparisons of within and between estimators using the conventional Hausman test may be subject to statistical problems if the within variation is not sufficiently large. Adopting an alternative asymptotic approximation, we propose a modification of Hausman test that is valid whether the within variation is small or large.

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Year of publication:	2011
Authors:	Hahn, Jinyong ; Ham, John ; Moon, Hyungsik Roger
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 112.2011, 3, p. 293-297
Publisher:	Elsevier
Subject:	Hausman test Within variation Bootstrap

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009249587