Testing for Autocorrelation in Dynamic Random Effects Models

S-Tier
Journal: Review of Economic Studies
Year: 1990
Volume: 57
Issue: 1
Pages: 127-134

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

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

Abstract

This article develops, tests of covariance restrictions after estimating by three-stage least squares a dynamic random effects model from panel data. The asymptotic distribution of covariance matrix estimates under non-normality is obtained. It is shown how minimum chi-square tests for interesting covariance restrictions can be calculated from a generalised linear regression involving the sample autocovariances and dummy variables. Asymptotic efficiency exploiting covariance restrictions can also be attained using a GLS estimator.

Technical Details

RePEc Handle
repec:oup:restud:v:57:y:1990:i:1:p:127-134.
Journal Field
General
Author Count
1
Added to Database
2026-01-24