J-Stat & J-Stat (prob)
Posted: Wed Jul 01, 2015 6:39 pm
Using Eviews 7.
I have only
1 instrument (variable used in 1 stage but not 2nd stage)
1 endogenous variable
but Eviews produce the J-Stat & J-Stat (prob).
I thought J-Stat & J-Stat (prob) is only for situations when there are more instruments than endogenous variables.
Thank you
I have only
1 instrument (variable used in 1 stage but not 2nd stage)
1 endogenous variable
but Eviews produce the J-Stat & J-Stat (prob).
I thought J-Stat & J-Stat (prob) is only for situations when there are more instruments than endogenous variables.
Thank you