DOLS model diagnostics
| Dependent variable | Farmland | Non-Strata | Strata | |||
|---|---|---|---|---|---|---|
| Diagnostics test | F-stat. | p-value | F-stat. | p-value | F-stat. | p-value |
| Hnull: No serial correlation | 0.17 | 0.85 | 0.18 | 0.86 | 0.17 | 0.85 |
| Hnull: No heteroskedasticity | 1.84 | 0.12 | 1.85 | 0.87 | 1.88 | 0.13 |
| Hnull: Data is normally distributed | 1.24 | 0.17 | 1.11 | 0.10 | 1.34 | 0.41 |
| Dependent variable | Farmland | Non-Strata | Strata | |||
|---|---|---|---|---|---|---|
| Diagnostics test | ||||||
| Hnull: No serial correlation | 0.17 | 0.85 | 0.18 | 0.86 | 0.17 | 0.85 |
| Hnull: No heteroskedasticity | 1.84 | 0.12 | 1.85 | 0.87 | 1.88 | 0.13 |
| Hnull: Data is normally distributed | 1.24 | 0.17 | 1.11 | 0.10 | 1.34 | 0.41 |
We use the Breusch-Godfrey serial correlation LM test for serial correlation and the Breusch-Pagan-Godfrey test for heteroskedasticity. The results failed to reject the null hypothesis of each of the diagnostic tests
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