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University of Illinois at Urbana-Champaign
Fiscal Competition Among Jurisdictions: Evidence and Methodology
Abstract
dc:descriptionThe proposed GMM versions of the Wald, the Likelihood ratio and the Lagrange multiplier test statistics for spatial lag dependence are based on the GMM estimator suggested by Kelejian and Robinson (1993), and on the work of Newey and West (1987). The tests are asymptotically distributed as chi-squared random variables. Monte Carlo Experiments indicate that, in small samples, the LM and LR tests have good power, but considerable empirical size distortions, while the Wald has good empirical size and power.
Degree
thesis:*- Name thesis:degree_name
- Ph.D.
- Level thesis:degree_level
- Dissertation
- Discipline thesis:degree_discipline
- Economics
- Grantor
- University of Illinois at Urbana-Champaign
- Year dc:date
- 2015
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Saavedra, Luz Amparo
- Contributors dc:contributor
-
- Brueckner, Jan K.
Subjects
dc:subject × 1Rights
- Language dc:language
- eng
Identifiers
dc:identifier.*- Identifier
- (MiAaPQ)AAI9912364
- OAI identifier oai:identifier
- oai:www.ideals.illinois.edu:2142/85639