The misuse of the Vuong test for non-nested models to test for zero-inflation

Paul Wilson

Economics Letters, 2015, vol. 127, issue C, 51-53

Abstract: The Vuong test for non-nested models is being widely used as a test of zero-inflation. We show that such use is erroneous. We see that this stems from a misunderstanding of what is meant by the term “non-nested model” and suggest other approaches for determining zero-inflation

Keywords: Non-nested models; Zero-inflation; Vuong test (search for similar items in EconPapers)
JEL-codes: C52 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (36)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S016517651400490X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:127:y:2015:i:c:p:51-53

DOI: 10.1016/j.econlet.2014.12.029

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().