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German to English translations [PRO]
Bus/Financial - Economics | | German term or phrase: Fehlspezifikationstest | Referring to a gravity model analysing competitiveness:
Sofern lediglich ein Teil der zeitunveränderlichen Variablen endogen ist, kann alternativ der Hausman-Taylor (1981)-Schätzer verwendet werden, bei dem ausgewählte erklärende Variablen als endogene Instrumente eingesetzt werden. Obwohl ein Hausman-Taylor-Test für die Auswahl der Instrumentenvariablen dienen kann, bleibt die Bestimmung der strikt exogenen Variablen nicht einfach, da dieser Fehlspezifikationstest auf strengen Annahmen beruht |
| | | Selected response from:
 Raghunathan
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| Oct 25, 2010 - Changes made by Raghunathan: | | Created KOG entry | KudoZ term => KOG term |
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