xtabond2进行一步差分GMM的稳健性检验结果如下,应该怎么解释呢,是拒绝还是接受原假设?麻烦大家回答
Arellano-Bond test for AR(1) in first differences: z = -4.79 Pr > z = 0.000
Arellano-Bond test for AR(2) in first differences: z = -0.02 Pr > z = 0.985
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Sargan test of overid. restrictions: chi2(0) = 0.00 Prob > chi2 = 0.00
(Not robust, but not weakened by many instruments.)