Open Access
Table 3
Results of LM, LR, Wald and Hausman tests
| Test method | Statistic | P-value |
|---|---|---|
| LM test without spatial error | 255.536*** | 0.000 |
| Robust LM test without spatial error | 114.456*** | 0.000 |
| LM test without spatial lag | 141.189*** | 0.000 |
| Robust LM test without spatial lag | 0.109 | 0.741 |
| LR lag | 108.37*** | 0.000 |
| LR err | 113.83*** | 0.000 |
| Wald lag | 70.30*** | 0.000 |
| Wald err | 60.67*** | 0.000 |
| Hausman | 18.13*** | 0.011 |
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