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This paper suggests that a convenient score test against non- nested alternatives can be constructed from the linear combination of the likelihood functions of the competing models. It is shown that this procedure is essentially a test for the correct specification of the conditional...
Persistent link: https://www.econbiz.de/10005634879
The generalized method of moments (GMM) estimation technique is discussed for count data models with endogenous regressors. Count data models can be specified with additive or multiplicative errors. It is shown that, in general, a set of instruments is not orthogonal to both error types....
Persistent link: https://www.econbiz.de/10005823677