Specification tests in econometrics

By Jerry A. Hausman. 1978

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Citations in the corpus

The State of Applied Econometrics - Causality and Policy Evaluation (2016, neutral): “In this context, a Hausman test [Hausman, 1978] for equality of the ordinary least squares estimate and an instrumental variables estimate can be interpreted as testing whether the average treatment effect is equal to the local average treatment effect; of course, the ordinary least squares…”
The role of FDI, R&D accumulation and trade in transferring technology to transition countries: evidence from firm panel data for eight transition countries (2003, methodology): “The Hausman (1978) test shows that FEM provides better specification of our models relative to REM.”
Stakeholder welfare and firm value (2010, methodology): “10 Hausman (1978) test rejects the null hypothesis of no simultaneity between stakeholder welfare and Tobin’s Q for our sample. unobservable ways.11 Stakeholder welfare can affect managerial decisions or other factors that impact firm value, and if the unobservable firm characteristics also affect…”
Comprehensive Board Diversity and Quality of Corporate Social Responsibility Disclosure: Evidence from an Emerging Market (2017, methodology): “(2012) and Katmon and Farooque (2017), we perform Durbin and Wu– Hausman tests (Durbin 1954; Wu 1973; Hausman 1978) to detect the presence of endogeneity.”
The effect of financial leverage on real and accrual-based earnings management (2017, methodology): “Furthermore, we implement a Hausman test (Hausman 1978)”
The Demand for Food Quality in Rural China (2009, unknown): “Results of the Hausman (1978) for endogeneity, using educational expenditures lagged one year as an instrumental variable for current educational expenditures, fail to reject the null hypothesis of exogeneity except in one case, the random effects model for fats & oils.”
Assessing France's Joint Audit Requirement: Are Two Heads Better than One? (2006, methodology): “To address this possibility, we conduct a Hausman (1978) specification test in which we estimate a probit model for each of the auditor choice models (Table 3, Panels A to D) and predict residuals that are then included in the abnormal accruals regression models (Table 4, Panels A to D).”
Service Innovativeness and Firm Value (2013, methodology): “A Hausman test comparing randomand fixed-effects models suggested we use the fixed-effects approach (p .01) for these equations (Hausman 1978).”
Determinants of the link between financial and economic development: Evidence from a functional coefficient model (2014, methodology): “Generally favoring the fixed effects model over the random effects model, Hausman (1978) test results that are not reported here for space considerations suggest rejection of the null hypothesis in all but upper-middle-income and upper-KAOPEN economies. approach, unlike ours, assumes a constant…”