Table 6 Diagnostic test statistics
From: Where is the grass greener? A micro-founded model of migration with application to Guangdong
GLS | GLS | WLS | GLS | WLS | |
|---|---|---|---|---|---|
Coefficients | 108 | 67 | 67 | 27 | 27 |
Wooldridge SR | F (1,17)=4.097 p=0.59 | F (1,17)=2.531, p=0.13 | F (1,17)=3.55, p=0.08 | ||
Pesaran test | N (0,1)=−1.12, p=0.261 | N (0,1)=−0.70, p=0.486 | N (0,1)=−0.59, p=0.55 | ||
R2 | 0.959 | 0.841 | |||
Reset test | F (3,73)=0.33, p=0.80 | F (3,113)=0.64, p=0.59 | |||
Sargan test | p =0.265 | ||||
Hausman-Wu test | p =0.42 |