Skip to main content

Table 3 Summary statistics test for selecting the best estimator.

From: Are smokers rational addicts? Empirical evidence from the Indonesian Family Life Survey

  All sample Male Female
  Statistics: P -val Statistics: P -val Statistics: P -val
Endogeneity test:          
   a. Lagged and lead consumption          
Wu-Hausman F(2,1775): 3.5 0.031 F(2,1711): 2.8 0.061 F(2,56): 3.32 0.043
Durbin-Wu-Hausman Chi2(2): 6.9 0.031 Chi2(2): 5.6 0.061 Chi2(2): 6.79 0.034
   b. Only lagged consumption          
Wu-Hausman F(1,1776): 5.1 0.031 F(1,1712): 3.6 0.057 F(1,57): 0.00 0.983
Durbin-Wu-Hausman Chi2(1): 5.1 0.031 Chi2(1): 3.6 0.056 Chi2(1): 0.00 0.982
   c. Only lead consumption          
Wu-Hausman F(1,1776): 0.2 0.637 F(1,1712): 0.2 0.636 F(1,57): 6.12 0.016
Durbin-Wu-Hausman Chi2(1): 0.2 0.636 Chi2(1): 0.2 0.635 Chi2(1): 6.21 0.013
Heteroskedasticity test(s):          
   Pagan-Hall general test Chi2(11): 15.5 0.159 Chi2(11): 16.2 0.133 Chi2(11): 9.05 0.618
   Pagan-Hall test w/assumed normality Chi2(11): 34.1 0.000 Chi2(11): 36.7 0.000 Chi2(11): 7.69 0.741
   White/Koenker nR2 test Chi2(11): 16.4 0.128 Chi2(11): 17.0 0.107 Chi2(11): 17.00 0.108
   Breusch-Pagan/Godfrey/Cook-Weisberg Chi2(11): 36.9 0.000 Chi2(11): 39.8 0.000 Chi2(11): 13.44 0.265
Overidentifying restrictions test:          
   Sargan N*R-sq (2SLS) Chi2(6): 8.7 0.192 Chi2(6): 10.4 0.108 Chi2(6): 0.96 0.987
   Basmann test (2SLS) Chi2(6): 8.7 0.193 Chi2(6): 10.4 0.108 Chi2(6): 0.79 0.992
   Hansen J (GMM) Chi2(6): 8.0 0.237 Chi2(6): 9.8 0.132 Chi2(6): 1.07 0.983
   Hansen J (GMM-system) Chi2(33): 20.1 0.962 Chi2(33): 21.7 0.934 Chi2(33): 8.53 1.000