OMITTED VARIABLES, DYNAMIC SPECIFICATION AND TESTS FOR HOMOGENEITY

Authors
MADDEN D
Citation
D. Madden, OMITTED VARIABLES, DYNAMIC SPECIFICATION AND TESTS FOR HOMOGENEITY, Applied economics letters, 2(10), 1995, pp. 372-374
Citations number
16
Categorie Soggetti
Economics
Journal title
Applied economics letters → ACNP
ISSN journal
13504851
Volume
2
Issue
10
Year of publication
1995
Pages
372 - 374
Database
ISI
SICI code
1350-4851(1995)2:10<372:OVDSAT>2.0.ZU;2-L
Abstract
This note examines the sensitivity of tests for homogeneity in demand systems to such factors as omitted variables and dynamic and stochasti c specification. It estimates demand systems for Ireland using time-se ries data for different unconditional demand systems with differing dy namic and stochastic specification and also estimates a conditional de mand system, thus attempting to reconcile disparate results from previ ous work in this area.