This paper shows that the usual F-statistic for the hypothesis of no selection bias for a model with two different selection rules is asymptotically equivalent to the LM statistic. This means that the F test has good power properties, at least asymptotically.
|Original language||English (US)|
|Number of pages||7|
|State||Published - Jan 1992|
ASJC Scopus subject areas
- Economics and Econometrics