Testing for the effects of omitted power transformations

Jin Seo Cho; Isao Ishida

doi:10.1016/j.econlet.2012.05.029

Testing for the effects of omitted power transformations

Jin Seo Cho, Isao Ishida

Department of Economics

Research output: Contribution to journal › Article › peer-review

9 Citations (Scopus)

Abstract

We use the quasi-likelihood ratio statistic to test the hypothesis that a power transformation is ineffective. The null is not standard because a parameter is unidentified, and we can also let the power coefficient be zero for the null.

Original language	English
Pages (from-to)	287-290
Number of pages	4
Journal	Economics Letters
Volume	117
Issue number	1
DOIs	https://doi.org/10.1016/j.econlet.2012.05.029
Publication status	Published - 2012 Oct

Bibliographical note

Funding Information:
The authors are most grateful to the Editor, Eric Maskin, and a anonymous referee for their helpful comments. Also, JSC gratefully acknowledges the research support by the National Research Foundation of Korea Grant funded by the Korean Government ( KRF-2010-332-B00025 ).

All Science Journal Classification (ASJC) codes

Finance
Economics and Econometrics

Access to Document

10.1016/j.econlet.2012.05.029

Cite this

@article{66d508a28979468b8f25d0e06d90737c,

title = "Testing for the effects of omitted power transformations",

abstract = "We use the quasi-likelihood ratio statistic to test the hypothesis that a power transformation is ineffective. The null is not standard because a parameter is unidentified, and we can also let the power coefficient be zero for the null.",

author = "Cho, {Jin Seo} and Isao Ishida",

note = "Funding Information: The authors are most grateful to the Editor, Eric Maskin, and a anonymous referee for their helpful comments. Also, JSC gratefully acknowledges the research support by the National Research Foundation of Korea Grant funded by the Korean Government ( KRF-2010-332-B00025 ).",

year = "2012",

month = oct,

doi = "10.1016/j.econlet.2012.05.029",

language = "English",

volume = "117",

pages = "287--290",

journal = "Economics Letters",

issn = "0165-1765",

publisher = "Elsevier",

number = "1",

}

TY - JOUR

T1 - Testing for the effects of omitted power transformations

AU - Cho, Jin Seo

AU - Ishida, Isao

N1 - Funding Information: The authors are most grateful to the Editor, Eric Maskin, and a anonymous referee for their helpful comments. Also, JSC gratefully acknowledges the research support by the National Research Foundation of Korea Grant funded by the Korean Government ( KRF-2010-332-B00025 ).

PY - 2012/10

Y1 - 2012/10

N2 - We use the quasi-likelihood ratio statistic to test the hypothesis that a power transformation is ineffective. The null is not standard because a parameter is unidentified, and we can also let the power coefficient be zero for the null.

AB - We use the quasi-likelihood ratio statistic to test the hypothesis that a power transformation is ineffective. The null is not standard because a parameter is unidentified, and we can also let the power coefficient be zero for the null.

UR - http://www.scopus.com/inward/record.url?scp=84862294379&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=84862294379&partnerID=8YFLogxK

U2 - 10.1016/j.econlet.2012.05.029

DO - 10.1016/j.econlet.2012.05.029

M3 - Article

AN - SCOPUS:84862294379

SN - 0165-1765

VL - 117

SP - 287

EP - 290

JO - Economics Letters

JF - Economics Letters

IS - 1

ER -

Testing for the effects of omitted power transformations

Abstract

Bibliographical note

All Science Journal Classification (ASJC) codes

Access to Document

Other files and links

Fingerprint

Cite this