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• W2082085926 abstract "Models of limited dependent variables are of great interest in econometrics. This paper focuses on the specification and hypothesis test of spatial models which have a Tobit structure. We derive an extended central limit theorem for statistics of a linear–quadratic form with multivariate random variables. We consider the LM statistics for testing spatial correlation and establish their asymptotic distributions. The tests are applied to an empirical example: we detect the presence of competition among school districts on school district income tax in Iowa." @default.
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• W2082085926 date "2012-05-01" @default.
• W2082085926 modified "2023-09-27" @default.
• W2082085926 title "LM tests for spatial correlation in spatial models with limited dependent variables" @default.
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• W2082085926 doi "https://doi.org/10.1016/j.regsciurbeco.2011.11.001" @default.
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