Table 4 Model inspection.
Inspection method | T-Statistics | P value |
---|---|---|
LM(error) | 0.27 | 0.60 |
R-LM(error) | 15.44 | 0.01 |
LM(lag) | 11.39 | 0.01 |
R-LM(lag) | 26.56 | 0.01 |
LR(ind) | 23.33 | 0.01 |
LR(time) | 963.18 | 0.00 |
Wald-lag | 36.01 | 0.00 |
Wald-error | 32.80 | 0.00 |
Hausman | 24.35 | 0.01 |
Inspection method | T-Statistics | P value |
---|---|---|
LM(error) | 0.27 | 0.60 |
R-LM(error) | 15.44 | 0.01 |
LM(lag) | 11.39 | 0.01 |
R-LM(lag) | 26.56 | 0.01 |
LR(ind) | 23.33 | 0.01 |
LR(time) | 963.18 | 0.00 |
Wald-lag | 36.01 | 0.00 |
Wald-error | 32.80 | 0.00 |
Hausman | 24.35 | 0.01 |