{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,10,4]],"date-time":"2026-10-04T13:23:40Z","timestamp":1791120220128,"version":"4.1.0"},"reference-count":22,"publisher":"Cambridge University Press (CUP)","issue":"4","license":[{"start":{"date-parts":[[2009,2,11]],"date-time":"2009-02-11T00:00:00Z","timestamp":1234310400000},"content-version":"unspecified","delay-in-days":5673,"URL":"https:\/\/www.cambridge.org\/core\/terms"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Econom. Theory"],"published-print":{"date-parts":[[1993,8]]},"abstract":"<jats:p>It is well known that most of the standard specification tests are not robust when the alternative is misspecified. Using the asymptotic distributions of standard Lagrange multiplier (LM) test under local misspecification, we suggest a robust specification test. This test essentially adjusts the mean and covariance matrix of the usual LM statistic. We show that for local misspecification the adjusted test is asymptotically equivalent to Neyman's <jats:italic>C<\/jats:italic>(\u03b1) test, and therefore, shares the optimality properties of the <jats:italic>C<\/jats:italic>(\u03b1) test. The main advantage of the new test is that, compared to the <jats:italic>C<\/jats:italic>(\u03b1) test, it is much simpler to compute. Our procedure does require full specification of the model and there might be some loss of asymptotic power relative to the unadjusted test if the model is indeed correctly specified.<\/jats:p>","DOI":"10.1017\/s0266466600008021","type":"journal-article","created":{"date-parts":[[2009,3,10]],"date-time":"2009-03-10T15:46:44Z","timestamp":1236700004000},"page":"649-658","source":"Crossref","is-referenced-by-count":132,"title":["Specification Testing with Locally Misspecified Alternatives"],"prefix":"10.1017","volume":"9","author":[{"given":"Anil K.","family":"Bera","sequence":"first","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Mann J.","family":"Yoon","sequence":"additional","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"56","published-online":{"date-parts":[[2009,2,11]]},"reference":[{"key":"S0266466600008021_ref017","doi-asserted-by":"publisher","DOI":"10.2307\/2234084"},{"key":"S0266466600008021_ref006","doi-asserted-by":"publisher","DOI":"10.1080\/01621459.1990.10476236"},{"key":"S0266466600008021_ref015","first-page":"213","volume-title":"Probability and Statistics","author":"Neyman","year":"1959"},{"key":"S0266466600008021_ref011","doi-asserted-by":"publisher","DOI":"10.1017\/CCOL0521266165"},{"key":"S0266466600008021_ref022","doi-asserted-by":"publisher","DOI":"10.1017\/S0266466600004898"},{"key":"S0266466600008021_ref005","volume-title":"Specification testing with misspecified alternatives","author":"Bera","year":"1991"},{"key":"S0266466600008021_ref002","doi-asserted-by":"publisher","DOI":"10.1016\/0165-1765(83)90045-9"},{"key":"S0266466600008021_ref003","doi-asserted-by":"publisher","DOI":"10.1016\/0304-4076(82)90103-8"},{"key":"S0266466600008021_ref013","doi-asserted-by":"publisher","DOI":"10.2307\/1403475"},{"key":"S0266466600008021_ref021","doi-asserted-by":"publisher","DOI":"10.2307\/2526245"},{"key":"S0266466600008021_ref010","doi-asserted-by":"publisher","DOI":"10.2307\/1913558"},{"key":"S0266466600008021_ref018","doi-asserted-by":"publisher","DOI":"10.1016\/0304-4076(89)90058-4"},{"key":"S0266466600008021_ref009","doi-asserted-by":"publisher","DOI":"10.2307\/135112"},{"key":"S0266466600008021_ref001","volume-title":"Proceedings of the Berkeley Conference in Honor of Jerzy Neyman and Jack Kiefer","author":"Basawa","year":"1985"},{"key":"S0266466600008021_ref004","first-page":"53","article-title":"Additivity and separability of the Lagrange multiplier, likelihood ratio and Wald tests","volume":"3","author":"Bera","year":"1987","journal-title":"Journal of Quantitative Economics"},{"key":"S0266466600008021_ref007","doi-asserted-by":"publisher","DOI":"10.2307\/2526127"},{"key":"S0266466600008021_ref008","doi-asserted-by":"publisher","DOI":"10.2307\/20076558"},{"key":"S0266466600008021_ref012","article-title":"The probability approach in econometrics","volume":"12","author":"Haavelmo","year":"1944","journal-title":"Supplement to Econometrica"},{"key":"S0266466600008021_ref014","article-title":"Joint and separate score tests of state dependence and unobserved heterogeneity","author":"Jaggia","year":"1993","journal-title":"Journal of Econometrics"},{"key":"S0266466600008021_ref016","doi-asserted-by":"publisher","DOI":"10.1017\/S0266466600005144"},{"key":"S0266466600008021_ref019","doi-asserted-by":"publisher","DOI":"10.2307\/2297488"},{"key":"S0266466600008021_ref020","first-page":"187","volume-title":"Proceedings of the 3rd Berkeley Symposium on Mathematical Statistics and Probability","author":"Stein","year":"1956"}],"container-title":["Econometric Theory"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/www.cambridge.org\/core\/services\/aop-cambridge-core\/content\/view\/S0266466600008021","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2019,5,15]],"date-time":"2019-05-15T22:15:51Z","timestamp":1557958551000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.cambridge.org\/core\/product\/identifier\/S0266466600008021\/type\/journal_article"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[1993,8]]},"references-count":22,"journal-issue":{"issue":"4","published-print":{"date-parts":[[1993,8]]}},"alternative-id":["S0266466600008021"],"URL":"https:\/\/doi.org\/10.1017\/s0266466600008021","relation":{},"ISSN":["0266-4666","1469-4360"],"issn-type":[{"value":"0266-4666","type":"print"},{"value":"1469-4360","type":"electronic"}],"subject":[],"published":{"date-parts":[[1993,8]]}}}