Specification Tests in Econometrics

Specification Tests in Econometrics

The Bootstrap and Hypothesis Tests in Econometrics

Cleaning up the kitchen sink: Specification tests and average derivative estimators for growth econometrics

Theory and case-study evidence suggest that non-linearities are pervasive in the growth process. Growth empirics have attempted to characterize these non-linearities with regression trees, additively separable non-parametric estimates, or simple interaction terms. Each method requires specific assumptions about functional form which we demonstrate may not be defensible. We provide two alternate...

On Specification and Inference in the Econometrics of Public Procurement

In Paper [I] we use data on Swedish public procurement auctions for internal regular cleaning service contracts to provide novel empirical evidence regarding green public procurement (GPP) and its effect on the potential suppliers' decision to submit a bid and their probability of being qualified for supplier selection. We find only a weak effect on supplier behavior which suggests that GPP doe...

Consistent Model Specification Tests∗

This paper reviews the literature on tests for the correct specification of the functional form of parametric conditional expectation and conditional distribution models. In particular I will discuss various versions of the Integrated Conditional Moment (ICM) test and the ideas behind them.