Variable | GMM Estimates |
Constant | −24.326 |
(−5.57)*** | |
GDPPC (L1) | 0.3580 |
(2.40)** | |
FDI | 0.5826 |
(4.74)*** | |
OPNS | −0.00342 |
(−3.41)*** | |
GCF | 0.003824 |
(1.71)* | |
POP | 1.8465 |
(6.66)*** | |
D1 | 0.07221 |
(2.26)** | |
Diagnosis Tests Sargan Test of Over identifying Restrictions | Prob > Chi 2 = 0.1304 |
Arellano-Bond Test of 1st Order Autocorrelation | Prob > Chi 2 = 0.0546 |
Arellano-Bond Test of 2nd Order Autocorrelation | Prob > Chi 2 = 0.3178 |