Jinyong Hahn, Zhipeng Liao, Nan Liu, Shuyang Sheng
Keyword:
Economics, Econometrics, Econometrics (econ.EM)
journal:
--
date:
2023-12-16 00:00:00
Abstract
This paper shows that the endogeneity test using the control function approach in linear instrumental variable models is a variant of the Hausman test. Moreover, we find that the test statistics used in these tests can be numerically ordered, indicating their relative power properties in finite samples.PDF: Some Finite-Sample Results on the Hausman Test.pdf
