Parametric and semiparametric specification tests for binary choice models: a comparative simulation study

Isabel Proença () and João Santos Silva

Econometrics from University Library of Munich, Germany

Abstract: Although semiparametric alternatives are available, parametric binary choice models are widely used in practice, in spite of their sensitivity to misspecification. Here we present the results of a simulation study on the finite sample performance of parametric and semiparametric specification tests for this kind of models. The results obtained indicate that the computationally demanding semiparametric tests do not generally outperform the simpler score tests against parametric alternatives.

JEL-codes: C12 C14 C25 C52 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2005-08-05
New Economics Papers: this item is included in nep-dcm and nep-ecm
Note: Type of Document - pdf; pages: 8
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/em/papers/0508/0508008.pdf (application/pdf)

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:wpa:wuwpem:0508008

Access Statistics for this paper

More papers in Econometrics from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ( this e-mail address is bad, please contact ).