Testing for the effects of omitted power transformations

We use the quasi-likelihood ratio statistic to test the hypothesis that a power transformation is ineffective. The null is not standard because a parameter is unidentified, and we can also let the power coefficient be zero for the null.

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Year of publication:	2012
Authors:	Cho, Jin Seo ; Ishida, Isao
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 117.2012, 1, p. 287-290
Publisher:	Elsevier
Subject:	Power transformation \| Twofold identification \| Quasi-likelihood ratio test

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

Persistent link: https://www.econbiz.de/10010580478