Search Results - subject:"non nested tests."

The relation between money, income and prices in South Africa

Nell, Kevin S. - 1999

developed by Pesaran et al. (1996) together with non-nested tests are used. These show that money and 'excess' money are …

Persistent link: https://www.econbiz.de/10011532006

Inference on Vertical Contracts between Manufacturers and Retailers Allowing for Non Linear Pricing and Resale Price Maintenance

Bonnet, Céline; Dubois, Pierre - C.E.P.R. Discussion Papers - 2008

A methodology is presented allowing manufacturers and retailers vertical contracting in their pricing strategies on a differentiated product market to be introduced. This contribution allows price-cost margins to be recovered from estimates of demand parameters both under linear pricing models...

Persistent link: https://www.econbiz.de/10005123651

Two-Part Tariffs versus Linear Pricing Between Manufacturers and Retailers: Empirical Tests on Differentiated Products Markets

Bonnet, Céline; Dubois, Pierre; Simioni, Michel - C.E.P.R. Discussion Papers - 2006

We present a methodology allowing to introduce manufacturers and retailers vertical contracting in their pricing strategies on a differentiated product market. We consider in particular two types of non linear pricing relationships, one where resale price maintenance is used with two part...

Persistent link: https://www.econbiz.de/10005124258

Optimising and Non-optimising Balance of Trade Models: A Comparative Evidence from India

Singh, Tarlok - In: International Review of Applied Economics 18 (2004) 3, pp. 349-368

This study estimates and compares the competing optimising and non-optimising balance of trade models using Indian data. The results obtained from the optimising model suggest that the prices relative to user cost of capital and the real wealth lead to a deterioration, while the real capital...

Persistent link: https://www.econbiz.de/10005445940

Non-Nested Models and the Likelihood Ratio Statistic: A Comparison of Simulation and Bootstrap Based Tests

Kapetanios, George; Weeks, Melvyn - School of Economics and Finance, Queen Mary - 2003

study represents the first comparison of the properties of bootstrap and simulation-based tests applied to non-nested tests …

Persistent link: https://www.econbiz.de/10005106426

Testing misspecified non-nested factor demand systems: Some Monte Carlo results

Manera, Matteo - In: Empirical Economics 27 (2002) 4, pp. 657-686

, paired and joint univariate non-nested tests (e.g. Davidson-MacKinnon's J and P tests, Bera-McAleer test and Barten …-McAleer test) have been discussed at length, whereas virtually no attention has been paid to multivariate non-nested tests. In this … paper we show how multivariate non-nested tests can be derived from their univariate counterparts, and we apply these tests …

Persistent link: https://www.econbiz.de/10005613062

Rival Macroeconomic Paradigms and Australian Stylised Facts

Karunaratne, Neil Dias - In: Economia Internazionale / International Economics 53 (2000) 2, pp. 185-201

This paper reports the stylised facts resulting from the tests of rival macroeconomic models in explaining the Australian business cycle during the sample period 1966(3)-1995(3). The dominant rival paradigms such as the New Classical, Keynesian and the Real Business Cycle theories have been...

Persistent link: https://www.econbiz.de/10008459620

The Relation Between Money, Income and Prices in South Africa

Nell, Kevin S. - School of Economics, University of Kent - 1999

developed by Pesaran et al. (1996) together with non-nested tests are used. These show that money and 'excess' money are …

Persistent link: https://www.econbiz.de/10005635145

Alternative models of Greek defence expenditures

Avramides, Christos - In: Defence and Peace Economics 8 (1997) 2, pp. 145-187

is compared with the levels equation through a number of non-nested tests involving model transformation. …

Persistent link: https://www.econbiz.de/10009215189

Measuring angling quality in count data models of recreational fishing

Englin, Jeffrey; Lambert, David - In: Environmental & Resource Economics 6 (1995) 4, pp. 389-399

This paper develops a methodology for investigating different specifications of angling quality in recreational demand models. The methodology is used to compare three alternative specifications of the relationship between angling demand and site quality. The site quality alternatives include...

Persistent link: https://www.econbiz.de/10005810737