Table 5 GMM estimator results Variable... | Emerald Publishing

Table 5

GMM estimator results

Variable	Coefficient	t-Statistic	Prob
SR	−0.049311	−1.543006	0.1241
CR	3.406176	4.914898	0.0001
QR	−1.886009	−1.571112	0.1174
LA	−1.358434	−0.262688	0.793
TL	28.82881	3.466117	0.0006
ST	14.21755	3.978749	0.0001
LT	−25.97691	−3.146872	0.0018
S	−16.95755	−3.289846	0.0011
Hansen J p-value 0.474412
Arellano-Bond Serial Correlation Test

Variable	Coefficient	t-Statistic	Prob
SR	−0.049311	−1.543006	0.1241
CR	3.406176	4.914898	0.0001
QR	−1.886009	−1.571112	0.1174
LA	−1.358434	−0.262688	0.793
TL	28.82881	3.466117	0.0006
ST	14.21755	3.978749	0.0001
LT	−25.97691	−3.146872	0.0018
S	−16.95755	−3.289846	0.0011
Hansen J p-value 0.474412
Arellano-Bond Serial Correlation Test

Test order	m-Statistic	rho	SE(rho)
AR(1)	0.09718	3936.39	40,504.78
AR(2)	0.001341	172.926	128,926.4