Further evidence on asymptotic tests for homogeneity and symmetry in large demand systems
Economics LettersPublished 1 January 1981
Anil K. Bera, R. P. Byron, Carlos M. Jarque
Citations94
SJR quartileQ2
SJR score0.76
SNIP0.98
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Abstract
The asymptotically equivalent Lagrange multiplier, likelihood ratio and Wald tests are compared when testing for homogeneity and symmetry. The need for size correction becomes apparent as does the superior performance of the LM test under H0.
Keywords
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