Although discussions of the Park test are still common in many econometrics textbooks, applied econometricians typically rely on other alternatives to test for heteroskedasticity, such as the Breusch-Pagan or White tests.
Although discussions of the Park test are stillcommon in many econometrics textbooks, appliedeconometricians typically rely on other alternatives to test forheteroskedasticity, such as the Breusch-Pagan or White tests.