大家好,使用Stata的xtabond2命令出现以下结果,结果大致表明AR( 1) 、AR( 2)检验值通过检验,向大家请教Sargan 检验P值是否通过检验?
Arellano-Bond test for AR(1) in first differences: z = -3.13 Pr > z = 0.002
Arellano-Bond test for AR(2) in first differences: z = -1.52 Pr > z = 0.129
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Sargan test of overid. restrictions: chi2(40) = 192.22 Prob > chi2 = 0.000
(Not robust, but not weakened by many instruments.)
Hansen test of overid. restrictions: chi2(40) = 13.18 Prob > chi2 = 1.000
(Robust, but weakened by many instruments.)