Wad test in dynamic panel data model

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japie999
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Joined: Wed Aug 05, 2009 4:32 am

Wad test in dynamic panel data model

Postby japie999 » Mon Sep 07, 2009 6:10 am

Hi,

I could really need you'r help.

I estimate the following model, with GMM (dynamic panel data)
yit = c + xi + xit-1 + yit-1, like in Arrelano and Bond (1991).

Now I want to interpret the Wald test, with the null of no relationship of the 31 independant variables (=degrees of freedom).
The Wald test result is 518,142; with 0,000 prob.

Do anywhone know where I can find the critical value of this result, or what this critical value is?

Thank a lot!

Kind regards

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