Problems of operationalizing the concept of a cost-of-living index



Table 5: LR test of the linear restrictions of the QUAIDS
model 1: symmetry and homogeneity restrictions

model 2: only homogeneity restrictions

model 3: no restrictions

Modell

<lln

log lik.2>

ddfŋ

LR

p-value

sig. 1>

1988

1

60

12,649.86

2

88

12,672.38

28

45.04

0.0219

**

1988

1

60

12,649.86

3

96

12,676.81

36

53.90

0.0280

**

1993

1

60

7,711.36

2

88

7,727.61

28

32.50

0.2548

1993

1

60

7,711.36

3

96

7,736.91

36

51.10

0.0491

**

1998

1

60

4,754.24

2

88

4,775.68

28

42.88

0.0358

**

1998

1

60

4,754.24

3

96

4,783.80

36

59.12

0.0089

***

2003

1

60

3,494.32

2

88

3,516.31

28

43.98

0.0279

**

2003

1

60

3,494.32

3

96

3,523.93

36

59.22

0.0087

***

ŋ degrees of freedom

2) log likelihood value

L difference between degrees of freedom of the two models

4) level of significance: * = 0.1, **=0.05, ***=0.01

43



More intriguing information

1. Julkinen T&K-rahoitus ja sen vaikutus yrityksiin - Analyysi metalli- ja elektroniikkateollisuudesta
2. The name is absent
3. What Contribution Can Residential Field Courses Make to the Education of 11-14 Year-olds?
4. La mobilité de la main-d'œuvre en Europe : le rôle des caractéristiques individuelles et de l'hétérogénéité entre pays
5. Improving Business Cycle Forecasts’ Accuracy - What Can We Learn from Past Errors?
6. HEDONIC PRICES IN THE MALTING BARLEY MARKET
7. The name is absent
8. The name is absent
9. Does adult education at upper secondary level influence annual wage earnings?
10. Sustainability of economic development and governance patterns in water management - an overview on the reorganisation of public utilities in Campania, Italy, under EU Framework Directive in the field of water policy (2000/60/CE)