Hi
I had run a system GMM panel data regression on STATA 14 and I got
Variance-covariance matrix of the two-step estimator is not full rank.
Two-step estimator is not available. One-step estimator is available and variance-covariance matrix provides correct coverage.
Is running system GMM twostep impossible in this case, however my sample is very small ( Number of obs 157)? And how can I solve this problem?
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