Encompassing Of Nested and Non-nested Models:Energy-Growth Models

Nazir, Sidra (2017): Encompassing Of Nested and Non-nested Models:Energy-Growth Models.

Abstract

Abstract: Whether models are nested or non-nested it is important to be able to compare them and evaluate their comparative results. In this study three energy-growth models by Kraft and Kraft (1978) and Dantama, Zakari, Inuwa (2011) has used, and third model has modified by joining and adding dummies in it. By using these three models we have tested them for non-nested and nested encompassing through Cox test and F-test respectively.

• Item Type: MPRA Paper
• Language: English
• Keywords: nested, non-nested, encompassing, energy growth
• Subjects: C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General; C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C52 - Model Evaluation, Validation, and Selection; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity

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