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. pvar realaveragehumancapitalyuan designpatent,lag(3) gmm monte 500 "decomp 30"
GMM started : 20:28:04
accumulating matrices equation 1,2,calculating b2sls
calculating big ZuuZ matrix
finished accumulating ZuuZ
_______ Results of the Estimation by system GMM_________
number of observations used : 424
------------------------------------------------------------------------------
EQ1: dep.var : h_realaveragehumancapitalyuan
b_GMM se_GMM t_GMM
L.h_realaveragehumancapitalyuan 1.7726488 .07273083 24.372728
L.h_designpatent -1.2975077 .42897442 -3.0246738
L2.h_realaveragehumancapitalyuan -.74541834 .15148572 -4.9207169
L2.h_designpatent .66264591 .25989237 2.5496935
L3.h_realaveragehumancapitalyuan -.03305093 .10050011 -.32886459
L3.h_designpatent .33015701 .39713656 .83134378
------------------------------------------------------------------------------
------------------------------------------------------------------------------
EQ2: dep.var : h_designpatent
b_GMM se_GMM t_GMM
L.h_realaveragehumancapitalyuan .04516534 .03191366 1.4152353
L.h_designpatent 1.3555788 .42331424 3.2022991
L2.h_realaveragehumancapitalyuan -.07476438 .06642612 -1.1255267
L2.h_designpatent -.08165499 .26307212 -.31039013
L3.h_realaveragehumancapitalyuan .04352124 .04233788 1.0279504
L3.h_designpatent -.51281758 .55128858 -.93021622
------------------------------------------------------------------------------
just identified - Hansen statistic is not calculated
symmetric uu[2,2]
realaveragehumancapitalyuan designpatent
realaveragehumancapitalyuan 21393394
designpatent 4203522.1 3689412.1
Residuals correlation matrix
| u1 u2
-------------+------------------
u1 | 1.0000
|
|
u2 | 0.4734 1.0000
| 0.0000
|
GMM finished : 20:28:05
Starting Monte-Carlo loop : 20:28:05 , total 500 repetitions requested
i=57, i=114, i=171, i=228, i=285, i=342, i=399, i=456, i=500, finished Monte-Carlo loop : 20:28:14
option b1() incorrectly specified
r(198);
.
最后出现了option b1() incorrectly specified这是什么原因?求大神……
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