| Autor: |
Dahlberg, Matz, Mörk, Eva, Tovmo, Per |
| Jazyk: |
angličtina |
| Rok vydání: |
2008 |
| Předmět: |
|
| Druh dokumentu: |
Článek |
| DOI: |
10.1080/13504850500447414 |
| Popis: |
This paper investigates the power properties of the Sargan test in the presence of measurement errors in dynamic panel data models. The conclusion from Monte Carlo simulations, and an application on the data used by Arellano and Bond (1991), is that in the very likely case of measurement errors in either the dependent or any of the independent variables, we will, if we rely on the Sargan test, quite likely accept a mis-specified model and end up with biased results. |
| Databáze: |
Networked Digital Library of Theses & Dissertations |
| Externí odkaz: |
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