Modified Hausman tests for inefficient estimators

C-Tier
Journal: Applied Economics
Year: 2004
Volume: 36
Issue: 21
Pages: 2373-2376

Score contribution per author:

1.009 = (α=2.02 / 1 authors) × 0.5x C-tier

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

Abstract

Widely-used estimators such as the generalized method of moments (GMM) and quasi-maximum likelihood (QML) are not efficient in general. This study shows how the Hausman specification test may easily be corrected to be used with inefficient estimators. It introduces a related test that has better power, and it points out the relationship to the GMM criterion test of specification of overidentified models. A brief simulation illustrates the results.

Technical Details

RePEc Handle
repec:taf:applec:v:36:y:2004:i:21:p:2373-2376
Journal Field
General
Author Count
1
Added to Database
2026-01-25