SMALL-SAMPLE POWER OF TESTS FOR INEQUALITY RESTRICTIONS - THE CASE OFQUARTER-DEPENDENT REGRESSION ERRORS

Authors
WU P KING ML
Citation
P. Wu et Ml. King, SMALL-SAMPLE POWER OF TESTS FOR INEQUALITY RESTRICTIONS - THE CASE OFQUARTER-DEPENDENT REGRESSION ERRORS, Economics letters, 52(2), 1996, pp. 121-127
Citations number
11
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
52
Issue
2
Year of publication
1996
Pages
121 - 127
Database
ISI
SICI code
0165-1765(1996)52:2<121:SPOTFI>2.0.ZU;2-D
Abstract
Testing for inequality restricted hypotheses has attracted increasing attention in recent years in econometrics. While many tests have been proposed for these testing problems, little is available on the power of these tests. In this paper, we examine the power of two tests in th e literature, the locally most mean powerful invariant test and the Ku hn-Tucker test, in the case of testing for quarter-dependent simple AR (4) errors in linear regressions.