On the performance of tests by Wu and by Hausman for detecting the ordinary least squares bias problem

DOI10.1016/0304-4076(85)90153-8zbMath0611.62145MaRDI QIDQ1087298

Masao Nakamura, Alice O. Nakamura

Publication date: 1985

Published in: Journal of Econometrics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0304-4076(85)90153-8

zbMATH Keywords

Monte Carlo methods; power; ordinary least squares; OLS bias problem; Wu-Hausman (W-H) specification error test; Wu's two-step estimation procedure

Mathematics Subject Classification ID

62P20: Applications of statistics to economics

62H15: Hypothesis testing in multivariate analysis

Related Items

The determinants of cumulative endogeneity bias in multivariate analysis, Exogeneity tests in a truncated structural equation, Model specification and endogeneity

Cites Work

• Unnamed Item
• A Remark on Hausman's Specification Test
• On the Relationships Among Several Specification Error Tests Presented by Durbin, Wu, and Hausman
• Alternative Tests of Independence between Stochastic Regressors and Disturbances: Finite Sample Results
• Alternative Tests of Independence between Stochastic Regressors and Disturbances
• Testing for Relationships Between Time Series
• Asymptotic Relative Efficiency Analysis of Certain Test of Independence in Structural Systems
• Specification Tests in Econometrics
• An Independence Test and Conditional Unbiased Predictions in the Context of Simultaneous Equation Systems
• Errors in Variables