The Durbin-Watson Test for Autocorrelation in Nonlinear Models

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Finite sample power of the Durbin-Watson test against fractionally integrated disturbances

We consider the finite sample power of various tests against serial correlation in the disturbances of a linear regression when these disturbances follow a stationary long memory process. It emerges that the power depends on the form of the regressor matrix and that, for the Durbin-Watson test and many other tests that can be written as ratios of quadratic forms in the disturbances, the power c...

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A wide literature is available on the asymptotic behavior of the Durbin-Watson statistic for autoregressive models. However, it is impossible to find results on the Durbin-Watson statistic for autoregressive models with adaptive control. Our purpose is to fill the gap by establishing the asymptotic behavior of the Durbin Watson statistic for ARX models in adaptive tracking. On the one hand, we ...

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ژورنال

عنوان ژورنال: The Review of Economics and Statistics

سال: 1992

ISSN: 0034-6535

DOI: 10.2307/2109675