Dynamic panel One-step system GMM diagnostics outputs
| Serial correlation tests | |||
|---|---|---|---|
| Arellano – Bond test for AR (1) in first differences | Z = –1.65 | Pr > Z = 0.099 | |
| Arellano – Bond test for AR (1) in first differences | Z = –0.88 | Pr > Z = 0.379 | |
| The overall validity of the instruments | |||
| Sargan Test of over-identifying restrictions | χ2 (27) = 19.55 | Prob > χ2 = 0.849 | |
| Difference-in-Sargan tests of exogeneity of instrument subsets | |||
| GMM Instruments for levels | Sargan test excluding group | χ2 (9) = 6.54 | Prob > χ2 = 0.685 |
| Difference (null H = exogenous) | χ2 (18) = 13.01 | Prob > χ2 = 0.791 | |
| IV (trade GFCF CPI) | Sargan test excluding group | χ2 (24) = 12.83 | Prob > χ2 = 0.969 |
| Difference (null H = exogenous) | χ2 (3) = 6.72 | Prob > χ2 = 0.081 | |
| Serial correlation tests | |||
|---|---|---|---|
| Arellano – Bond test for AR (1) in first differences | |||
| Arellano – Bond test for AR (1) in first differences | |||
| Sargan Test of over-identifying restrictions | |||
| GMM Instruments for levels | Sargan test excluding group | ||
| Difference (null H = exogenous) | |||
| IV (trade GFCF CPI) | Sargan test excluding group | ||
| Difference (null H = exogenous) | |||
Source(s): Dynamic panel one-step system GMM diagnostics outputs using STATA 16
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.