Testing Linear versus Logarithmic Regression Models: A Comment
Review of Economic Studies
1982
In a recent article, Aneuryn-Evans and Deaton propose asymptotic formulae for analysing Monte Carlo studies of the Cox statistics for testing non-nested hypotheses. This note shows the invalidity of those formulae by demonstrating that, in general, the Cox statistics do not have a singular joint asymptotic distribution.
- DOI
- 10.2307/2297371
- Volume
- 49 (3)
- Pages
- 477
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