I am in the process of looking for a suitable instrument for gender inequality, as I believe it is endogenous when looking at its effect on economic growth. I have been using % of women in parliament as an instrument but what assumptions must it satisfy for me to know it's an appropriate instrument? I ran the following but I'm not sure how to interpret it:
Code:
reg lagGII lagWIP, robust Linear regression Number of obs = 1,974 F(1, 1972) = 556.04 Prob > F = 0.0000 R-squared = 0.2684 Root MSE = .17316 ------------------------------------------------------------------------------ | Robust lagGII | Coef. Std. Err. t P>|t| [95% Conf. Interval] -------------+---------------------------------------------------------------- lagWIP | -.0095053 .0004031 -23.58 0.000 -.0102959 -.0087148 _cons | .5679747 .0070715 80.32 0.000 .5541063 .5818431 ------------------------------------------------------------------------------ . test lagWIP ( 1) lagWIP = 0 F( 1, 1972) = 556.04 Prob > F = 0.0000
Many thanks
0 Response to Testing for a Valid Instrumental Variable
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