Serial correlation tests for the error term (Arellano and Bond, 1991; Dao et al., 2020). We must reject H0, which implies no first-order AR (AR1) and that the second-order serial correlation does not appear (AR2). Windmeijer (2005) derives a close derivation of this limited sample ...
Andrew J. KrmenecKrmenec, A. J., 1990, `The Employment Impacts of an Investment Incentive: Differential Efficiency of the Industrial Revenue Bond', Regional Studies 24, 95-107.Krmenec, A. J., 1990, ‘The Employment Impacts of an Investment Incentive: Differential Efficiency of the Industrial...