Power Properties of the Sargan Test in the Presence of Measurement Errors in Dynamic Panels
This paper investigates the power properties of the Sargan test in the presence of measurement errors in dynamic panel data models. The conclusion from Monte Carlo simulations, and an application on the data used by Arellano and Bond (1991), is that in the very likely case of measurement errors in e...
| Main Authors: | , , |
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| Format: | Others |
| Language: | English |
| Published: |
Uppsala universitet, Nationalekonomiska institutionen
2008
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| Subjects: | |
| Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-88792 |