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Table 6 The test results related to model selection

From: Spatial differentiation and driving factors of the high-quality development of undertakings for the aged of China

  

Statistics

P-value

LM test

SEM

19.118 **

0.000

Robust SEM

25.912 ***

0.000

SAR

1.320

0.251

Robust SAR

8.115 **

0.004

LR test

SDM can be simplified to SAR

32.760 ***

0.000

SDM can be simplified to SEM

31.680 ***

0.000

Wald test

SDM can be simplified to SAR

31.020 ***

0.000

SDM can be simplified to SEM

23.600 ***

0.000

Hausman test

SAR

15.330 *

0.032

SEM

16.480 *

0.021

SDM

38.850 ***

0.000

  1. Note: *, **, and *** indicate significance at the level of 0.05, 0.01 and 0.001 respectively