. xtgls urb tin tie ucs pcg,p(c) corr(ar1)
Cross-sectional time-series FGLS regression
Coefficients: generalized least squares
Panels: heteroskedastic with cross-sectional correlation
Correlation: common AR(1) coefficient for all panels (0.8633)
Estimated covariances = 55 Number of obs = 160
Estimated autocorrelations = 1 Number of groups = 10
Estimated coefficients = 5 Time periods = 16
Wald chi2(4) = 1358.57
Prob > chi2 = 0.0000
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urb | Coef. Std. Err. z P>|z| [95% Conf. Interval]
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tin | .0290873 .0067051 4.34 0.000 .0159456 .042229
tie | -.0111091 .0122072 -0.91 0.363 -.0350347 .0128165
ucs | 2.905309 .1550178 18.74 0.000 2.60148 3.209138
pcg | 2.691526 .181192 14.85 0.000 2.336396 3.046655
_cons | -3.492453 1.30105 -2.68 0.007 -6.042465 -.9424417
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想问一下xtgls结果的好坏要看哪个指标,有的文献上说 Wald chi2值越大越好,是这样的吗