This paper examines two tests commonly used to select random parameters in choice modelling: the Lagrange Multiplier (LM) test as proposed by McFadden and Train (2000) and the t-statistic of the deviation of the random parameter. A simulation exercise based on a real case study is carried out...

Previous works on the determinants of corruption seldom addressed cross-border spillover of corruption in cross-country panel studies. In this paper, we report evidence of spatial spillover of corruption by means of spatial dynamic panel model. The results confirm that perceived levels of...