rcomptest |

Tests for the presence of cross-sectional or time random components in a panel equation. estimated using pooled least squares.

Computes the conventional LM (Breusch-Pagan, 1980, uniformly most powerful LM (Honda, 1985), standardized Honda (Moulton and Randolph, 1989; Baltagi, Chang, and Li, 1998), locally mean most powerful (LMMP) (King and Wu, 1997), Standardized King-Wu, and Gourieroux, Holly, and Monfort (1982) test statistics.

Note that the equation must be estimated with pooled least squares for this test to be applied.

Syntax

equation_name.rcomptest

Options

G

p | Print test results |

Examples

equation eq1.ls @log(gsp) c @log(p_cap) @log(pc) @log(emp) unemp

eq1.rcomptest

will estimate a panel model using pooled least squares and will compute and display the panel random effects test results.

Cross-references

See
“LM Tests for Random Effects” for discussion.

See also
Equation::fixedtest.