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dc.contributor.authorFrondel, Manuelen_US
dc.contributor.authorVance, Colinen_US
dc.date.accessioned2010-01-28en_US
dc.date.accessioned2010-07-28T07:56:37Z-
dc.date.available2010-07-28T07:56:37Z-
dc.date.issued2010en_US
dc.identifier.isbn978-3-86788-179-1en_US
dc.identifier.urihttp://hdl.handle.net/10419/36982-
dc.description.abstractThis paper proposes a variant of the classical HAUSMAN specification test commonly employed to decide whether the estimation of a random-effects model is a viable alternative to estimating fixed effects. Whereas the classical test probes the equality of fixed- and random effects, the proposed variant focuses on the equality of between-groups and fixed-effects coefficients. While both test procedures lead to the same conclusions, the panel model specification underlying our testing strategy facilitates the simultaneous estimation of the fixed- and between-groups effects. As a consequence, we are able to examine both the equality of the whole range of coefficients as well as that of individual variables. The usefulness of the test is illustrated using a panel of household travel data for Germany.en_US
dc.language.isoengen_US
dc.publisherRWI Essenen_US
dc.relation.ispartofseriesRuhr economic papers 160en_US
dc.subject.jelC12en_US
dc.subject.ddc330en_US
dc.subject.keywordSpecification testsen_US
dc.subject.keywordfuel price elasticityen_US
dc.subject.stwPanelen_US
dc.subject.stwStatistischer Testen_US
dc.subject.stwTheorieen_US
dc.titleFixed, random, or something in between? A variant of Hausman's specification test for panel data estimatorsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn617381887en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Publikationen von Forscherinnen und Forschern des RWI
Ruhr Economic Papers, RWI

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