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A Projection Framework for Testing Shape Restrictions That Form Convex Cones

Zheng Fang, Juwon Seo

arXiv 17 Oct 2019 · Econometrics · publishedEconometrica (2021) · 10 citations (OpenAlex)

arXiv:1910.07689 · PDF · DOI · OpenAlex · Extracted main text

Abstract

This paper develops a uniformly valid and asymptotically nonconservative test based on projection for a class of shape restrictions. The key insight we exploit is that these restrictions form convex cones, a simple and yet elegant structure that has been barely harnessed in the literature. Based on a monotonicity property afforded by such a geometric structure, we construct a bootstrap procedure that, unlike many studies in nonstandard settings, dispenses with estimation of local parameter spaces, and the critical values are obtained in a way as simple as computing the test statistic. Moreover, by appealing to strong approximations, our framework accommodates nonparametric regression models as well as distributional/density-related and structural settings. Since the test entails a tuning parameter (due to the nonstandard nature of the problem), we propose a data-driven choice and prove its validity. Monte Carlo simulations confirm that our test works well.

Citation extraction

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Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Lee, S., K. Song, and Y.-J. Whang (2017) Testing for a general class of functional inequalities0.9619489%
2Chetverikov, D (2019) Testing Regression Monotonicity in Econometric Models0.9209478%
3Chernozhukov, V., S. Lee, and A. M. Rosen (2013) Intersection Bounds: Estimation and Inference0.90912675%
4Chernozhukov, V., W. K. Newey, and A. Santos (2021) Constrained Conditional Moment Restriction Models0.88810370%
5Aliprantis, C. D. and K. Border (2006) Infinite Dimensional Analysis: A Hitchhiker's Guide0.76911345%
6Chen, Q. and Z. Fang (2019) Improved Inference on the Rank of a Matrix0.7375340%
7Zhu, Y (2020) Inference in nonparametric/semiparametric moment equality models with shape restrictions0.7375260%
8Andrews, D. W. K. and G. Soares (2010) Inference for Parameters Defined by Moment Inequalities Using Generalized Moment Selection0.73732100%
9Belloni, A., V. Chernozhukov, D. Chetverikov, and I. Fernández-Val (2019) Conditional quantile processes based on series or many regressors0.69315433%
10Chen, X. and T. M. Christensen (2018) Optimal sup-norm rates and uniform inference on nonlinear functionals of nonparametric IV regression0.68119432%

Showing the top 10 of 114 scored citations.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1Adaptive, Rate-Optimal Hypothesis Testing in Nonparametric IV Models1.00064
2A Unifying Framework for Testing Shape Restrictions0.931314
3Inference under partial identification with minimax test statistics0.87462
42604.066430.51121
52501.156920.40511