Causality testing in models of spatial market integration: A comment on an article by Stefan Dercon.
- Resource Type
- Article
- Authors
- Alexander, Carol; Wyeth, John
- Source
- Journal of Development Studies. Oct95, Vol. 32 Issue 1, p144. 3p. 1 Chart.
- Subject
- *MATHEMATICAL models of economics
- Language
- ISSN
- 0022-0388
Comments on the article written by Stefan Dercon which assesses the article written by Alexander and Wyeth that utilized the F-tests for the joint significance of variable as basis. Sacrifice of statistical precision was sacrificed to maintain consistency in the economic model; Flaw of Dercon's analysis; Discussion of Dercon's theory of spatial market integration.