The Generalized Composite Commodity Theorem: Stronger Support in the Presence of Data Limitations
针对广义复合商品定理的现有检验框架因数据限制而不完整,本文通过改进的Bonferroni方法强化检验程序,并在实证中提供比现有检验更强的支持。
Because of common data limitations, the existing testing framework for the generalized composite commodity theorem (Lewbel, 1996) is incomplete. This note clarifies and strengthens the testing procedure by implementing modified Bonferroni procedures. The conditions are established for consistency between the existing and modified Bonferroni tests. In an empirical application, the Bonferroni tests provide more powerful support for the generalized composite commodity theorem than is obtained from the existing test. © 2003 President and Fellows of Harvard College and the Massachusetts Institute of Technology.