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Table 11 Model goodness of fit and model diagnostic tests for employment creation model

From: The impact of location tax incentives on the growth of rural economy: evidence from Ghana

Test Statistics

LM Version

F Version

A: Serial Correlation

CHSQ (1) = 

.40044 (.841)

F (1, 32)

.30539 [.862]

B: Functional Form

CHSQ (1) = 

.2643 (.607)

F (1, 32)

.20263 [.656]

C: Normality

CHSQ (2) = 

29.023 (.000)

Not applicable

 

*D: Heteroscedasticity

CHSQ (1) = 

.27887 [.597]

F (1, 40)

.26737 [.608]

  1. Source Computed by the Authors using Microfit 5.1