Official websites use .gov
A
.gov website belongs to an official
government organization in the United States.
Secure .gov websites use HTTPS
A lock (
) or https:// means you've safely
connected to the .gov website. Share sensitive
information only on official, secure websites.
Results on Likelihood Ratio test.
| Comparison | Models | LR χ2 | AIC Estimate |
|---|---|---|---|
| (1) | Reduced form model | 1010.2*** | 1372.3 |
| Endogenous model | 856.9 | ||
| (2) | Exogenous model | 645.5*** | 920.1 |
| Full model | 762.2 | ||
| (3) | Reduced form model | 723.7*** | 1372.3 |
| Exogenous model | 920.1 |
