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
Wad test in dynamic panel data model
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