کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
983967 934111 2013 15 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Locally most powerful tests for spatial interactions in the simultaneous SAR Tobit model
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Locally most powerful tests for spatial interactions in the simultaneous SAR Tobit model
چکیده انگلیسی

The simultaneous SAR Tobit model is useful to analyze censored data in a spatial or social interaction setting. This paper focuses on three classical tests of spatial interactions in the simultaneous SAR Tobit model. We derive the asymptotic distributions of those three tests under the null and the local alternative hypotheses, establish their asymptotic equivalence and local efficiency, and study finite sample properties by the Monte Carlo simulation. The tests are applied to an empirical example on the presence of competition among school districts on school district income tax in Iowa.


► We derive Wald and LR tests for the simultaneous SAR Tobit model.
► We establish the asymptotic equivalence and local efficiency of classical tests.
► We use Monte Carlo studies to investigate finite sample properties of the tests.
► The tests indicate the existence of tax competition among Iowa school districts.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Regional Science and Urban Economics - Volume 43, Issue 2, March 2013, Pages 307–321
نویسندگان
, ,