Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10012135108
This paper revisits the Lagrange multiplier type test for the null hypothesis of no cross-sectional dependence. We propose a unified test procedure and its power enhancement version, which show robustness for a wide class of panel model contexts. Specifically, the two procedures are applicable...
Persistent link: https://www.econbiz.de/10013291406