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Testing the encompassing hypothesis

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Encompassing

Part of the book series: Lecture Notes in Economics and Mathematical Systems ((LNE,volume 446))

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Abstract

The statistical inference concerning the encompassing relation is the main object of this chapter. In general, theoretical considerations of the real world phenomena under study should narrow the scope to plausible models. If then we are left with a number of competing models which all have a sound theoretical basis, it is only natural to conduct statistical inference in order to assess the relative merits of these models. The significance of the encompassing relation for empirical model building justifies this interest.

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Ā© 1997 Springer-Verlag Berlin Heidelberg

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Dhaene, G. (1997). Testing the encompassing hypothesis. In: Encompassing. Lecture Notes in Economics and Mathematical Systems, vol 446. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-46832-2_4

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  • DOI: https://doi.org/10.1007/978-3-642-46832-2_4

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-61890-4

  • Online ISBN: 978-3-642-46832-2

  • eBook Packages: Springer Book Archive

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