With or Without U? The Appropriate Test for a U‐Shaped Relationship*

B-Tier
Journal: Oxford Bulletin of Economics and Statistics
Year: 2010
Volume: 72
Issue: 1
Pages: 109-118

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Nonlinear relationships are common in economic theory, and such relationships are also frequently tested empirically. We argue that the usual test of nonlinear relationships is flawed and derive the appropriate test for a U‐shaped relationship. Our test gives the exact necessary and sufficient conditions for the test of a U shape in finite samples in a large class of models.

Technical Details

RePEc Handle
repec:bla:obuest:v:72:y:2010:i:1:p:109-118
Journal Field
General
Author Count
2
Added to Database
2026-01-25