Showing 1 - 10 of 1,331
We propose a specification test of a parametrically specified nonlinear model against a weakly specified alternative. We generalize a similar test procedure proposed by Delgado and Stengos (1990) to test the specification of a linear model. We estimate the alternative model by using K...
Persistent link: https://www.econbiz.de/10005787769
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We employ a sample of Ontario paid workers from the 1981 Survey of Work History to compute three alternate sets of wage function coefficient estimates for four groups: unionized and nonunionized private sector workers, and unionized and nonunionized public sector workers. The derived estimates...
Persistent link: https://www.econbiz.de/10005490242
This paper demonstrates empirically that the limited dependent variable technique for sample selectivity bias correction provides two very different estimates of the gap between union and non-union wages. Our findings, based on the Canadian Survey of Work History, suggest that selectivity...
Persistent link: https://www.econbiz.de/10005787633
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This article studies the behavior of input cost shares in an environment where labor is costly to adjust, materials can be adjusted at no cost and capital is fixed. A model relating cost shares with relative prices and adjustment costs is proposed, allowing joint estimation of the elasticity of...
Persistent link: https://www.econbiz.de/10005371329
This paper compares the practical performance of alternative goodness-of-fit techniques for count data models in the context of a study of the determinants of demand for dental care in Spain. We apply alternative goodness-of-fit techniques to different specifications. In particular, we implement...
Persistent link: https://www.econbiz.de/10005382378
We develop non-nested tests in a general spatial, spatio-temporal or panel data context. The spatial aspect can be interpreted quite generally, in either a geographical sense, or employing notions of economic distance, or even when parametric modelling arises in part from a common factor or...
Persistent link: https://www.econbiz.de/10011126536
We develop non-nested tests in a general spatial, spatio-temporal or panel data context. The spatial aspect can be interpreted quite generally, in either a geographical sense, or employing notions of economic distance, or when parametric modelling arises in part from a common factor or other...
Persistent link: https://www.econbiz.de/10011234813
This article proposes a nonparametric test of monotonicity for conditional distributions and its moments. Unlike previous proposals, our method does not require smooth estimation of the derivatives of nonparametric curves. Distinguishing features of our approach are that critical values are...
Persistent link: https://www.econbiz.de/10011052252