Hello everyone,
I have an issue with interpret the result of xtivreg2:
- Overidentification is significant
- Endogeneity test is not significant
Please see the attached picture.
I don't know how I should interpret this result. The endogeneity test indicates that there is no endogeneity issue. This implies no need for the I.V. However, the overidentification test suggests the i.v. is a valid one?
Thank you
Array
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