A comment on the papers by Zellner and Schwert

Gewke, 1978, Testing the Exogeneity Specification in the Complete Dynamic Simultaneous Equation, Journal of Econometrics, 7, 163, 10.1016/0304-4076(78)90067-2 Pierce, 1977, Rejoinder, Journal of the American Statistical Association, 72, 24, 10.1080/01621459.1977.10479902 Revankar, 1978, Asymptotic Relative Efficiency Analysis of Certain Tests of Independence in Structural Systems, International Economic Review, 19, 165, 10.2307/2526402 Sims, 1972, Money, Income and Causality, American Economic Review, 62, 540 Sims, 1977, Exogeneity and Causal Ordering in Macroeconomic Models Wu, 1973, Alternative Tests of Independence Between Stochastic Regressors and Disturbances, Econometrica, 41, 733, 10.2307/1914093