fsre

Coefficient

std.err.

z

P > |z|

[95% conf.interval]

fsre L1.

0.6998158

0.0718853

9.74

0.000

0.5589232

0.8407083

Indf

0.1335974

0.0501368

2.66

0.008

0.0353311

0.2318637

ass

−0.2160017

0.107958

−2.00

45

−0.4275955

0.0044079

fin

−2.500692

0.014661

−3.56

0.000

−3.87554

−1.125844

open

0.2387609

0.38199

0.63

0.532

−0.5099257

0.9874476

gdp

0.000206

6.56E−06

3.14

0.002

7.73E−06

0.0000335

_cons

2.160876

0.4120828

5.24

0.000

1.353208

2.968543

Arellano-Bond test for AR(1) in first differences: z = −2.50 Pr > z = 0.013

Arellano-Bond test for AR(2) in first differences: z = 0.10 Pr > z = 0.922

Hansen test of overid.restrictions:chi2(26) = 26.00 Prob > chin = 0.463

(Robust, but weakened by many instruments.)