Model adequacy and influential observations
Economics Letters , Volume 38 - Issue 2 p. 133- 137
A common characteristic of diagnostic measures on influential observations is the assumption that all relevant regressors are included in the model, and that none of them can be deleted. We review and illustrate a method to detect data points which are influential enough to establish the empirical (in)significance of regressors.
|Organisation||Erasmus School of Economics|
Franses, Ph.H.B.F, & Biessen, G. (1992). Model adequacy and influential observations. Economics Letters, 38(2), 133–137. doi:10.1016/0165-1765(92)90043-X