-------------
      name:  <unnamed>
       log:  D:\pol-1020\data\Indian States Results 21.smcl
  log type:  smcl
 opened on:  28 Nov 2017, 20:16:49

. xtpcse    F.socfund  SqENP ENP SqElectVolat ElectVolat  ideology2 ideology1 generalelection largestparty largestpartydel partycoalition revreceipt  pubdebt statedpr pop  Area   Dum2000shift Dum2010shift if  StateBeforeCreation==0, corr(psar1) pairwise

Number of gaps in sample:  21
(note: computations for rho restarted at each gap)
(note: estimates of rho outside [-1,1] bounded to be in the range [-1,1])

Prais-Winsten regression, correlated panels corrected standard errors (PCSEs)

Group variable:   statenumber                   Number of obs      =       330
Time variable:    year                          Number of groups   =        29
Panels:           correlated (unbalanced)       Obs per group: min =         4
Autocorrelation:  panel-specific AR(1)                         avg =  11.37931
Sigma computed by  pairwise selection                          max =        13
Estimated covariances      =       435          R-squared          =    0.9195
Estimated autocorrelations =        29          Wald chi2(17)      =   3623.56
Estimated coefficients     =        18          Prob > chi2        =    0.0000

-------------+----------------------------------------------------------------
             |           Panel-corrected
    F.socfund |      Coef.    Std. Err.       z    P>|z|      [95% Con f. Interval]
-------------+----------------------------------------------------------------
       SqENP |   -3.017152    1.293283     -2.33    0.020      -5.55194     -.482365
         ENP |    15.80729    7.436493      2.13    0.034      1.232029     30.38254
SqElectVolat |   -.0124526    .0041937     -2.97    0.003     -.0206722     -.004233
  ElectVolat |    .9886592    .3283558      3.01    0.003      .3450938     1.632225
   ideology2 |    3.664607    3.622514      1.01    0.312      -3.43539      10.7646
   ideology1 |    7.474912    8.632081      0.87    0.387     -9.443656     24.39348
generalele~s |   -4.005802    2.899735     -1.38    0.167     -9.689179     1.677575
largestparty |     11.2275    4.311257      2.60    0.009      2.777592     19.67741
largestpar~l |    .4952607    2.677813      0.18    0.853     -4.753156     5.743678
partycoali~n |   -5.852129    3.642275     -1.61    0.108     -12.99086     1.286599
  revreceipt |    .1112788    .1141122      0.98    0.329     -.1123771     .3349347
     pubdebt |    -.104177    .0388594     -2.68    0.007       -.18034    -.0280139
    statedpr |    .0642706    .0035423     18.14    0.000      .0573278     .0712134
         pop |    1.132378    .2808438      4.03    0.000      .5819341     1.682822
        Area |   -.0000758    .0000414     -1.83    0.067      -.000157     5.37e-06
Dum2000shift |    2.325018    5.819033      0.40    0.689     -9.080078     13.73011
Dum2010shift |    18.05323    7.374733      2.45    0.014      3.599014     32.50744
       _cons |   -26.57277    16.78449     -1.58    0.113     -59.46977     6.324232
-------------+----------------------------------------------------------------
        rhos =  .8246802         1  .5336703    .90657  .7365881 ...         1
------------------------------------------------------------------------------

. test SqENP ENP


 ( 1)  SqENP = 0


 ( 2)  ENP = 0


           chi2(  2) =    6.06
         Prob > chi2 =    0.0483

. test SqElectVolat ElectVolat


 ( 1)  SqElectVolat = 0


 ( 2)  ElectVolat = 0


           chi2(  2) =    9.13
         Prob > chi2 =    0.0104

. xtpcse    F.educfund  SqENP ENP SqElectVolat ElectVolat  ideology2 ideology1 generalelection largestparty largestpartydel partycoalition revreceipt  pubdebt statedpr pop  Area   Dum2000shift Dum2010shift if  StateBeforeCreation==0, corr(psar1) pairwise

Number of gaps in sample:  64
(note: computations for rho restarted at each gap)
(note: estimates of rho outside [-1,1] bounded to be in the range [-1,1])

Prais-Winsten regression, correlated panels corrected standard errors (PCSEs)

Group variable:   statenumber                   Number of obs      =       205
Time variable:    year                          Number of groups   =        29
Panels:           correlated (unbalanced)       Obs per group: min =         3
Autocorrelation:  panel-specific AR(1)                         avg =  7.068966
Sigma computed by  pairwise selection                          max =         9
Estimated covariances      =       435          R-squared          =    0.9395
Estimated autocorrelations =        29          Wald chi2(17)      =    751.25
Estimated coefficients     =        18          Prob > chi2        =    0.0000

-------------+----------------------------------------------------------------
             |           Panel-corrected
   F.educfund |      Coef.    Std. Err.       z    P>|z|      [95% Con f. Interval]
-------------+----------------------------------------------------------------
       SqENP |   -.4006282    .1735177     -2.31    0.021     -.7407167    -.0605396
         ENP |    3.317649    1.126742      2.94    0.003      1.109274     5.526024
SqElectVolat |    .0004096    .0006212      0.66    0.510      -.000808     .0016272
  ElectVolat |   -.0409344    .0460759     -0.89    0.374     -.1312414     .0493726
   ideology2 |    1.594867    .5160177      3.09    0.002      .5834908     2.606243
   ideology1 |    1.484682    .8730401      1.70    0.089     -.2264454     3.195809
generalele~s |    .1639418    .3062161      0.54    0.592     -.4362307     .7641142
largestparty |   -.7682859    .6689964     -1.15    0.251     -2.079495      .542923
largestpar~l |   -.3162554    .4561476     -0.69    0.488     -1.210288     .5777774
partycoali~n |    1.009742    .4784302      2.11    0.035      .0720361     1.947448
  revreceipt |   -.1608089    .0243191     -6.61    0.000     -.2084734    -.1131444
     pubdebt |    -.007972      .00366     -2.18    0.029     -.0151455    -.0007986
    statedpr |    .0003164    .0003467      0.91    0.361     -.0003631      .000996
         pop |   -.0076368    .0130709     -0.58    0.559     -.0332554     .0179818
        Area |   -2.90e-06    4.43e-06     -0.66    0.512     -.0000116     5.78e-06
Dum2000shift |   -4.475429    1.046855     -4.28    0.000     -6.527227    -2.423631
Dum2010shift |   -5.228053    1.061859     -4.92    0.000     -7.309258    -3.146847
       _cons |    21.43771    2.195056      9.77    0.000      17.13548     25.73994
-------------+----------------------------------------------------------------
        rhos =  .7420558  .3102091  .8558553  .2864065  .8074849 ...         1
------------------------------------------------------------------------------

. test SqENP ENP


 ( 1)  SqENP = 0


 ( 2)  ENP = 0


           chi2(  2) =   15.12
         Prob > chi2 =    0.0005

. test SqElectVolat ElectVolat


 ( 1)  SqElectVolat = 0


 ( 2)  ElectVolat = 0


           chi2(  2) =    1.25
         Prob > chi2 =    0.5357

. xtpcse    F.foodgrain  SqENP ENP SqElectVolat ElectVolat  ideology2 ideology1 generalelection largestparty largestpartydel partycoalition revreceipt  pubdebt statedpr pop  Area   Dum2000shift Dum2010shift if  StateBeforeCreation==0, corr(psar1) pairwise

Number of gaps in sample:  21
(note: computations for rho restarted at each gap)
(note: estimates of rho outside [-1,1] bounded to be in the range [-1,1])

Prais-Winsten regression, correlated panels corrected standard errors (PCSEs)

Group variable:   statenumber                   Number of obs      =       331
Time variable:    year                          Number of groups   =        29
Panels:           correlated (unbalanced)       Obs per group: min =         4
Autocorrelation:  panel-specific AR(1)                         avg =  11.41379
Sigma computed by  pairwise selection                          max =        13
Estimated covariances      =       435          R-squared          =    0.7494
Estimated autocorrelations =        29          Wald chi2(17)      =    304.71
Estimated coefficients     =        18          Prob > chi2        =    0.0000

-------------+----------------------------------------------------------------
             |           Panel-corrected
  F.foodgrain |      Coef.    Std. Err.       z    P>|z|      [95% Con f. Interval]
-------------+----------------------------------------------------------------
       SqENP |   -22.28868    13.35214     -1.67    0.095     -48.45839     3.881039
         ENP |    149.2023    85.70638      1.74    0.082     -18.77915     317.1837
SqElectVolat |   -.2105087    .0971061     -2.17    0.030     -.4008332    -.0201841
  ElectVolat |    19.03826    7.500265      2.54    0.011       4.33801     33.73851
   ideology2 |    161.5345    59.19328      2.73    0.006       45.5178     277.5512
   ideology1 |    357.6776    203.6732      1.76    0.079     -41.51443     756.8697
generalele~s |    33.60571    48.77863      0.69    0.491     -61.99864     129.2101
largestparty |   -61.39205    83.53365     -0.73    0.462      -225.115     102.3309
largestpar~l |    4.307951    43.62097      0.10    0.921     -81.18758     89.80348
partycoali~n |   -21.34101    68.27954     -0.31    0.755     -155.1665     112.4844
  revreceipt |   -2.688045    1.783817     -1.51    0.132     -6.184262     .8081718
     pubdebt |    -.989734    .6559287     -1.51    0.131     -2.275331     .2958625
    statedpr |    .1761588     .050765      3.47    0.001      .0766613     .2756563
         pop |    17.77086    3.344102      5.31    0.000      11.21654     24.32518
        Area |     .000907    .0006955      1.30    0.192      -.000456     .0022701
Dum2000shift |   -75.21042    92.84416     -0.81    0.418     -257.1816     106.7608
Dum2010shift |    154.0588    110.6321      1.39    0.164     -62.77615     370.8938
       _cons |   -328.1687    277.4201     -1.18    0.237     -871.9022     215.5647
-------------+----------------------------------------------------------------
        rhos =    .81418         1  .8798182  .8582289  .6494018 ...  .9340985
------------------------------------------------------------------------------

. test SqENP ENP


 ( 1)  SqENP = 0


 ( 2)  ENP = 0


           chi2(  2) =    3.03
         Prob > chi2 =    0.2197

. test SqElectVolat ElectVolat


 ( 1)  SqElectVolat = 0


 ( 2)  ElectVolat = 0


           chi2(  2) =    8.10
         Prob > chi2 =    0.0174

. xtpcse    F.revreceipt  SqENP ENP SqElectVolat ElectVolat  ideology2 ideology1 generalelection  largestparty largestpartydel partycoalition   pubdebt  statedpr pop  Area  Dum2000  Dum2010 if  StateBeforeCreation==0, corr(psar1) pairwise

Number of gaps in sample:  15
(note: computations for rho restarted at each gap)
(note: estimates of rho outside [-1,1] bounded to be in the range [-1,1])

Prais-Winsten regression, correlated panels corrected standard errors (PCSEs)

Group variable:   statenumber                   Number of obs      =       330
Time variable:    year                          Number of groups   =        29
Panels:           correlated (unbalanced)       Obs per group: min =         5
Autocorrelation:  panel-specific AR(1)                         avg =  11.37931
Sigma computed by  pairwise selection                          max =        13
Estimated covariances      =       435          R-squared          =    0.6488
Estimated autocorrelations =        29          Wald chi2(16)      =    110.38
Estimated coefficients     =        17          Prob > chi2        =    0.0000

-------------+----------------------------------------------------------------
             |           Panel-corrected
 F.revreceipt |      Coef.    Std. Err.       z    P>|z|      [95% Con f. Interval]
-------------+----------------------------------------------------------------
       SqENP |    1.004266    .7032155      1.43    0.153     -.3740115     2.382543
         ENP |    -7.15135    4.776811     -1.50    0.134     -16.51373     2.211028
SqElectVolat |    -.003796    .0017251     -2.20    0.028     -.0071772    -.0004148
  ElectVolat |    .2700668    .1450617      1.86    0.063     -.0142488     .5543825
   ideology2 |    .5148067    1.163602      0.44    0.658     -1.765811     2.795424
   ideology1 |   -1.266894    1.433896     -0.88    0.377     -4.077279     1.543492
generalele~s |   -1.198398    .9617871     -1.25    0.213     -3.083466     .6866695
largestparty |   -.8826271    1.353919     -0.65    0.514      -3.53626     1.771006
largestpar~l |   -.0942275    .8011375     -0.12    0.906     -1.664428     1.475973
partycoali~n |    .2502446    1.200861      0.21    0.835       -2.1034     2.603889
     pubdebt |   -.0015163    .0083927     -0.18    0.857     -.0179657     .0149332
    statedpr |   -.0005408    .0006361     -0.85    0.395     -.0017876     .0007059
         pop |   -.1112732    .0227154     -4.90    0.000     -.1557945    -.0667519
        Area |   -.0000531    7.64e-06     -6.95    0.000     -.0000681    -.0000381
     Dum2000 |     4.74981    3.874645      1.23    0.220     -2.844354     12.34398
     Dum2010 |     4.64688    4.403107      1.06    0.291     -3.983052     13.27681
       _cons |    42.40588    8.493695      4.99    0.000      25.75854     59.05321
-------------+----------------------------------------------------------------
        rhos =  .4130454   .866202   .832774  .9818963  .4501899 ...  .5623449
------------------------------------------------------------------------------

. test SqENP ENP


 ( 1)  SqENP = 0


 ( 2)  ENP = 0


           chi2(  2) =    2.32
         Prob > chi2 =    0.3138

. test SqElectVolat ElectVolat


 ( 1)  SqElectVolat = 0


 ( 2)  ElectVolat = 0


           chi2(  2) =    6.76
         Prob > chi2 =    0.0340

. xtpcse    F.foodgrain  SqENP ENP SqElectVolat ElectVolat  ideology2 ideology1  generalelection largestparty largestpartydel partycoalition revreceipt  pubdebt statedpr pop  Area   xsubnatExpanded Dum2000shift Dum2010shift if  StateBeforeCreation==0, corr(psar1) pairwise

Number of gaps in sample:  17
(note: computations for rho restarted at each gap)
(note: estimates of rho outside [-1,1] bounded to be in the range [-1,1])

Prais-Winsten regression, correlated panels corrected standard errors (PCSEs)

Group variable:   statenumber                   Number of obs      =       251
Time variable:    year                          Number of groups   =        20
Panels:           correlated (unbalanced)       Obs per group: min =        11
Autocorrelation:  panel-specific AR(1)                         avg =     12.55
Sigma computed by  pairwise selection                          max =        13
Estimated covariances      =       210          R-squared          =    0.7897
Estimated autocorrelations =        20          Wald chi2(18)      =    429.14
Estimated coefficients     =        19          Prob > chi2        =    0.0000

-------------+----------------------------------------------------------------
             |           Panel-corrected
  F.foodgrain |      Coef.    Std. Err.       z    P>|z|      [95% Con f. Interval]
-------------+----------------------------------------------------------------
       SqENP |   -53.39735    25.51545     -2.09    0.036     -103.4067    -3.387983
         ENP |    332.9042    156.3612      2.13    0.033      26.44184     639.3666
SqElectVolat |   -.2469149    .0988647     -2.50    0.013      -.440686    -.0531437
  ElectVolat |    22.05858    7.930749      2.78    0.005        6.5146     37.60256
   ideology2 |    213.4057    74.88258      2.85    0.004      66.63851     360.1728
   ideology1 |    367.8946    206.5013      1.78    0.075     -36.84045     772.6297
generalele~s |    49.99422    66.90806      0.75    0.455     -81.14317     181.1316
largestparty |   -86.73827    112.4025     -0.77    0.440     -307.0432     133.5666
largestpar~l |    12.61964    52.13201      0.24    0.809     -89.55721     114.7965
partycoali~n |    15.30597    95.17659      0.16    0.872     -171.2367     201.8487
  revreceipt |   -7.149116    3.557934     -2.01    0.045     -14.12254    -.1756948
     pubdebt |   -1.821495    .7865075     -2.32    0.021     -3.363021    -.2799687
    statedpr |    .1466233     .053194      2.76    0.006      .0423649     .2508817
         pop |    21.12075     3.26755      6.46    0.000      14.71647     27.52503
        Area |    -.000088    .0011895     -0.07    0.941     -.0024193     .0022434
xsubnatExp~d |    105.8928    46.07963      2.30    0.022      15.57838     196.2072
Dum2000shift |   -50.84007    109.6112     -0.46    0.643      -265.674     163.9938
Dum2010shift |    238.2269    149.5942      1.59    0.111     -54.97236     531.4262
       _cons |   -627.6967    385.4049     -1.63    0.103     -1383.076     127.6829
-------------+----------------------------------------------------------------
        rhos =  .7873852  .8422991  .8359076  .5190106  .7521131 ...         1
------------------------------------------------------------------------------

. test SqENP ENP


 ( 1)  SqENP = 0


 ( 2)  ENP = 0


           chi2(  2) =    4.54
         Prob > chi2 =    0.1036

. test SqElectVolat ElectVolat


 ( 1)  SqElectVolat = 0


 ( 2)  ElectVolat = 0


           chi2(  2) =    8.51
         Prob > chi2 =    0.0142

. xtpcse    F.revreceipt  SqENP ENP SqElectVolat ElectVolat  ideology2 ideology1 generalelection  largestparty largestpartydel partycoalition   pubdebt  statedpr pop  Area  xsubnatExpanded Dum2000shift Dum2010shift if  StateBeforeCreation==0, corr(psar1) pairwise

Number of gaps in sample:  14
(note: computations for rho restarted at each gap)
(note: estimates of rho outside [-1,1] bounded to be in the range [-1,1])

Prais-Winsten regression, correlated panels corrected standard errors (PCSEs)

Group variable:   statenumber                   Number of obs      =       248
Time variable:    year                          Number of groups   =        20
Panels:           correlated (unbalanced)       Obs per group: min =        11
Autocorrelation:  panel-specific AR(1)                         avg =      12.4
Sigma computed by  pairwise selection                          max =        13
Estimated covariances      =       210          R-squared          =    0.7397
Estimated autocorrelations =        20          Wald chi2(17)      =    269.43
Estimated coefficients     =        18          Prob > chi2        =    0.0000

-------------+----------------------------------------------------------------
             |           Panel-corrected
 F.revreceipt |      Coef.    Std. Err.       z    P>|z|      [95% Con f. Interval]
-------------+----------------------------------------------------------------
       SqENP |   -.1769712    .5126884     -0.35    0.730     -1.181822     .8278796
         ENP |    1.765454    3.235946      0.55    0.585     -4.576883     8.107791
SqElectVolat |   -.0019335    .0008427     -2.29    0.022     -.0035851    -.0002819
  ElectVolat |    .1767565    .0642933      2.75    0.006      .0507439     .3027692
   ideology2 |   -.7311442    .8078674     -0.91    0.365     -2.314535     .8522469
   ideology1 |   -1.864509    1.066123     -1.75    0.080     -3.954072     .2250548
generalele~s |   -.9920294    .7766674     -1.28    0.201     -2.514269     .5302107
largestparty |    .8670346    .9376334      0.92    0.355      -.970693     2.704762
largestpar~l |    .1499042    .5974719      0.25    0.802     -1.021119     1.320928
partycoali~n |   -.3732711    .5856898     -0.64    0.524     -1.521202     .7746597
     pubdebt |   -.0096536    .0056411     -1.71    0.087       -.02071     .0014028
    statedpr |   -.0000321    .0004899     -0.07    0.948     -.0009923     .0009281
         pop |    -.116051     .019624     -5.91    0.000     -.1545133    -.0775886
        Area |    -.000042    8.73e-06     -4.81    0.000     -.0000591    -.0000249
xsubnatExp~d |   -3.767327    .5860483     -6.43    0.000      -4.91596    -2.618693
Dum2000shift |    1.417681    2.478192      0.57    0.567     -3.439486     6.274848
Dum2010shift |     1.88791    2.719779      0.69    0.488     -3.442758     7.218578
       _cons |    35.56898    5.685962      6.26    0.000       24.4247     46.71327
-------------+----------------------------------------------------------------
        rhos =  .3537754  .9166943  .1414436  .8131498    .47689 ...  .9825518
------------------------------------------------------------------------------

. test SqENP ENP


 ( 1)  SqENP = 0


 ( 2)  ENP = 0


           chi2(  2) =    1.12
         Prob > chi2 =    0.5718

. test SqElectVolat ElectVolat


 ( 1)  SqElectVolat = 0


 ( 2)  ElectVolat = 0


           chi2(  2) =    8.51
         Prob > chi2 =    0.0142

. xtabond2    F.foodgrain  foodgrain SqENP ENP SqElectVolat ElectVolat  ideology2 ideology1 generalelection largestparty largestpartydel partycoalition revreceipt  pubdebt  statedpr pop  Area  Dum2000shift Dum2010shift if  StateBeforeCreation==0,  gmm ( foodgrain statedpr  pubdebt, lag (1 5) collapse) iv ( ideology1 ideology2  generalelection largestparty  largestpartydel partycoalition  Dum2000shift Dum2010shift , eq(level) passthru) iv (SqENP ENP SqElectVolat ElectVolat  pop Area revreceipt ) robust small
Favoring space over speed. To switch, type or click on mata: mata set matafavor speed, perm.
Warning: Number of instruments may be large relative to number of observations.
Warning: Two-step estimated covariance matrix of moments is singular.
  Using a generalized inverse to calculate robust weighting matrix for Hansen test.
  Difference-in-Sargan statistics may be negative.

Dynamic panel-data estimation, one-step system GMM
------------------------------------------------------------------------------
Group variable: statenumber                     Number of obs      =       331
Time variable : year                            Number of groups   =        29
Number of instruments = 34                      Obs per group: min =         4
F(18, 28)     =   1103.07                                      avg =     11.41
Prob > F      =     0.000                                      max =        13
-------------+----------------------------------------------------------------
             |               Robust
  F.foodgrain |      Coef.    Std. Err.       t    P>|t|      [95% Con f. Interval]
-------------+----------------------------------------------------------------
   foodgrain |    .6734028    .1005828      6.70    0.000      .4673682     .8794373
       SqENP |   -31.59481    13.52774     -2.34    0.027     -59.30512    -3.884489
         ENP |    223.3609    92.12874      2.42    0.022      34.64378     412.0781
SqElectVolat |   -.0092569      .08555     -0.11    0.915     -.1844982     .1659844
  ElectVolat |    3.461738    6.300414      0.55    0.587     -9.444074     16.36755
   ideology2 |    130.2628    74.45234      1.75    0.091     -22.24588     282.7715
   ideology1 |    166.2089    51.79213      3.21    0.003      60.11753     272.3003
generalele~s |    47.64637    26.82192      1.78    0.087     -7.295836     102.5886
largestparty |    -91.5524     70.9777     -1.29    0.208     -236.9436     53.83883
largestpar~l |    91.00396     35.7376      2.55    0.017       17.7988     164.2091
partycoali~n |   -28.52863    34.82309     -0.82    0.420      -99.8605     42.80324
  revreceipt |    1.722973    1.985998      0.87    0.393     -2.345159     5.791105
     pubdebt |     .765513    .6115336      1.25    0.221     -.4871568     2.018183
    statedpr |     .042964    .0296419      1.45    0.158     -.0177548     .1036827
         pop |    7.378653    2.012802      3.67    0.001      3.255615     11.50169
        Area |    .0005282    .0004353      1.21    0.235     -.0003635     .0014199
Dum2000shift |    79.30032    72.55919      1.09    0.284     -69.33044     227.9311
Dum2010shift |    255.8469    95.22336      2.69    0.012      60.79072     450.9031
       _cons |   -857.9503    270.2533     -3.17    0.004     -1411.539    -304.3616
-------------+----------------------------------------------------------------
Instruments for first differences equation
  Standard
    D.(SqENP ENP SqElectVolat ElectVolat pop Area revreceipt)
  GMM-type (missing=0, separate instruments for each period unless collapsed)
    L(1/5).(foodgrain statedpr pubdebt) collapsed
Instruments for levels equation
  Standard
    _cons
    ideology1 ideology2 generalelections largestparty largestpartydel
    partycoalition Dum2000shift Dum2010shift
    SqENP ENP SqElectVolat ElectVolat pop Area revreceipt
  GMM-type (missing=0, separate instruments for each period unless collapsed)
    D.(foodgrain statedpr pubdebt) collapsed
------------------------------------------------------------------------------
Arellano-Bond test for AR(1) in first differences: z =  -2.51  Pr > z =  0.012
Arellano-Bond test for AR(2) in first differences: z =   0.05  Pr > z =  0.963
------------------------------------------------------------------------------
Sargan test of overid. restrictions: chi2(15)   =  66.16  Prob > chi2 =  0.000
  (Not robust, but not weakened by many instruments.)
Hansen test of overid. restrictions: chi2(15)   =   5.88  Prob > chi2 =  0.982
  (Robust, but can be weakened by many instruments.)

Difference-in-Hansen tests of exogeneity of instrument subsets:
  GMM instruments for levels
    Hansen test excluding group:     chi2(12)   =  12.73  Prob > chi2 =  0.389
    Difference (null H = exogenous): chi2(3)    =  -6.85  Prob > chi2 =  1.000
  iv(ideology1 ideology2 generalelections largestparty largestpartydel partycoalition Dum2000shift Dum2010shift, passthru eq(level))
    Hansen test excluding group:     chi2(7)    =   5.36  Prob > chi2 =  0.616
    Difference (null H = exogenous): chi2(8)    =   0.52  Prob > chi2 =  1.000
  iv(SqENP ENP SqElectVolat ElectVolat pop Area revreceipt)
    Hansen test excluding group:     chi2(8)    =   6.66  Prob > chi2 =  0.574
    Difference (null H = exogenous): chi2(7)    =  -0.78  Prob > chi2 =  1.000

.
.
.
.
. test SqENP ENP


 ( 1)  SqENP = 0


 ( 2)  ENP = 0


       F(  2,    28) =    2.99
            Prob > F =    0.0664

. test SqElectVolat ElectVolat


 ( 1)  SqElectVolat = 0


 ( 2)  ElectVolat = 0


       F(  2,    28) =    1.32
            Prob > F =    0.2842

. xtabond2    F.socfund socfund SqENP ENP SqElectVolat ElectVolat  ideology2 ideology1 generalelection largestparty largestpartydel partycoalition revreceipt  pubdebt  statedpr pop  Area  Dum2000shift Dum2010shift if  StateBeforeCreation==0,  gmm ( socfund statedpr  pubdebt, lag (1 5) collapse) iv ( ideology1 ideology2  generalelection largestparty  largestpartydel partycoalition  Dum2000shift Dum2010shift , eq(level) passthru) iv (SqENP ENP SqElectVolat ElectVolat   pop Area revreceipt ) robust small
Favoring space over speed. To switch, type or click on mata: mata set matafavor speed, perm.
Warning: Number of instruments may be large relative to number of observations.
Warning: Two-step estimated covariance matrix of moments is singular.
  Using a generalized inverse to calculate robust weighting matrix for Hansen test.
  Difference-in-Sargan statistics may be negative.

Dynamic panel-data estimation, one-step system GMM
------------------------------------------------------------------------------
Group variable: statenumber                     Number of obs      =       330
Time variable : year                            Number of groups   =        29
Number of instruments = 34                      Obs per group: min =         4
F(18, 28)     =   6169.01                                      avg =     11.38
Prob > F      =     0.000                                      max =        13
-------------+----------------------------------------------------------------
             |               Robust
    F.socfund |      Coef.    Std. Err.       t    P>|t|      [95% Con f. Interval]
-------------+----------------------------------------------------------------
     socfund |    1.034791     .044603     23.20    0.000      .9434255     1.126156
       SqENP |   -.6328082    .4624558     -1.37    0.182     -1.580106     .3144897
         ENP |    3.205358    3.149577      1.02    0.318     -3.246258     9.656975
SqElectVolat |    -.003616    .0019659     -1.84    0.076      -.007643      .000411
  ElectVolat |    .2315675    .1693773      1.37    0.182     -.1153862     .5785212
   ideology2 |   -2.540952    2.388908     -1.06    0.297     -7.434408     2.352504
   ideology1 |    .1538833    3.989777      0.04    0.970     -8.018805     8.326572
generalele~s |   -3.025956    2.285425     -1.32    0.196     -7.707437     1.655526
largestparty |    1.921872    3.024374      0.64    0.530     -4.273278     8.117022
largestpar~l |   -3.754574    2.165234     -1.73    0.094     -8.189854     .6807069
partycoali~n |   -.8603258    2.474802     -0.35    0.731     -5.929728     4.209077
  revreceipt |   -.1312593    .1392448     -0.94    0.354     -.4164894     .1539708
     pubdebt |   -.0835546    .0519676     -1.61    0.119     -.1900053     .0228962
    statedpr |    .0061233    .0022212      2.76    0.010      .0015734     .0106733
         pop |    .2235057    .0738149      3.03    0.005      .0723028     .3747087
        Area |    -.000013    .0000115     -1.13    0.269     -.0000365     .0000106
Dum2000shift |   -1.695708    4.613729     -0.37    0.716      -11.1465     7.755087
Dum2010shift |    .3537648    3.946551      0.09    0.929     -7.730379     8.437908
       _cons |    18.27594    11.82887      1.55    0.134     -5.954398     42.50628
-------------+----------------------------------------------------------------
Instruments for first differences equation
  Standard
    D.(SqENP ENP SqElectVolat ElectVolat pop Area revreceipt)
  GMM-type (missing=0, separate instruments for each period unless collapsed)
    L(1/5).(socfund statedpr pubdebt) collapsed
Instruments for levels equation
  Standard
    _cons
    ideology1 ideology2 generalelections largestparty largestpartydel
    partycoalition Dum2000shift Dum2010shift
    SqENP ENP SqElectVolat ElectVolat pop Area revreceipt
  GMM-type (missing=0, separate instruments for each period unless collapsed)
    D.(socfund statedpr pubdebt) collapsed
------------------------------------------------------------------------------
Arellano-Bond test for AR(1) in first differences: z =  -3.14  Pr > z =  0.002
Arellano-Bond test for AR(2) in first differences: z =   1.30  Pr > z =  0.193
------------------------------------------------------------------------------
Sargan test of overid. restrictions: chi2(15)   =  25.95  Prob > chi2 =  0.039
  (Not robust, but not weakened by many instruments.)
Hansen test of overid. restrictions: chi2(15)   =  12.96  Prob > chi2 =  0.605
  (Robust, but can be weakened by many instruments.)

Difference-in-Hansen tests of exogeneity of instrument subsets:
  GMM instruments for levels
    Hansen test excluding group:     chi2(12)   =  14.25  Prob > chi2 =  0.285
    Difference (null H = exogenous): chi2(3)    =  -1.29  Prob > chi2 =  1.000
  iv(ideology1 ideology2 generalelections largestparty largestpartydel partycoalition Dum2000shift Dum2010shift, passthru eq(level))
    Hansen test excluding group:     chi2(7)    =  11.26  Prob > chi2 =  0.128
    Difference (null H = exogenous): chi2(8)    =   1.70  Prob > chi2 =  0.989
  iv(SqENP ENP SqElectVolat ElectVolat pop Area revreceipt)
    Hansen test excluding group:     chi2(8)    =  11.50  Prob > chi2 =  0.175
    Difference (null H = exogenous): chi2(7)    =   1.46  Prob > chi2 =  0.984

. test SqENP ENP


 ( 1)  SqENP = 0


 ( 2)  ENP = 0


       F(  2,    28) =    1.47
            Prob > F =    0.2461

. test SqElectVolat ElectVolat


 ( 1)  SqElectVolat = 0


 ( 2)  ElectVolat = 0


       F(  2,    28) =    2.13
            Prob > F =    0.1373

. save "D:\pol-1020\data\Indian States Data Updated.dta", replace
file D:\pol-1020\data\Indian States Data Updated.dta saved

. exit, clear

-------------
      name:  <unnamed>
       log:  D:\pol-1020\data\Indian States Results 21.smcl
  log type:  smcl
 opened on:  30 Nov 2017, 16:14:27

. xtpcse    F.revreceipt  SqENP ENP SqElectVolat ElectVolat  ideology2 ideology1 generalelection  largestparty largestpartydel partycoalition   pubdebt  statedpr pop  Area  Dum2000shift  Dum2010shift if  StateBeforeCreation==0, corr(psar1) pairwise

Number of gaps in sample:  15
(note: computations for rho restarted at each gap)
(note: estimates of rho outside [-1,1] bounded to be in the range [-1,1])

Prais-Winsten regression, correlated panels corrected standard errors (PCSEs)

Group variable:   statenumber                   Number of obs      =       330
Time variable:    year                          Number of groups   =        29
Panels:           correlated (unbalanced)       Obs per group: min =         5
Autocorrelation:  panel-specific AR(1)                         avg =  11.37931
Sigma computed by  pairwise selection                          max =        13
Estimated covariances      =       435          R-squared          =    0.6664
Estimated autocorrelations =        29          Wald chi2(16)      =    129.88
Estimated coefficients     =        17          Prob > chi2        =    0.0000

-------------+----------------------------------------------------------------
             |           Panel-corrected
 F.revreceipt |      Coef.    Std. Err.       z    P>|z|      [95% Con f. Interval]
-------------+----------------------------------------------------------------
       SqENP |    1.043369    .7124866      1.46    0.143     -.3530791     2.439817
         ENP |   -7.317481    4.813906     -1.52    0.128     -16.75256     2.117601
SqElectVolat |   -.0042724    .0016771     -2.55    0.011     -.0075595    -.0009853
  ElectVolat |    .3079528    .1386504      2.22    0.026       .036203     .5797026
   ideology2 |    .7496647    1.190963      0.63    0.529      -1.58458     3.083909
   ideology1 |    -1.01521    1.386121     -0.73    0.464     -3.731958     1.701538
generalele~s |   -.8806935    .9602934     -0.92    0.359     -2.762834     1.001447
largestparty |   -1.025914    1.359885     -0.75    0.451     -3.691239     1.639412
largestpar~l |   -.1032929    .7574666     -0.14    0.892       -1.5879     1.381314
partycoali~n |    .2546743    1.181959      0.22    0.829     -2.061922     2.571271
     pubdebt |   -.0031917    .0084553     -0.38    0.706     -.0197638     .0133803
    statedpr |   -.0003002    .0005858     -0.51    0.608     -.0014483      .000848
         pop |   -.1167422    .0227153     -5.14    0.000     -.1612634     -.072221
        Area |   -.0000532    7.17e-06     -7.42    0.000     -.0000672    -.0000391
Dum2000shift |    5.455641    4.016497      1.36    0.174     -2.416549     13.32783
Dum2010shift |    4.420361    4.017668      1.10    0.271     -3.454125     12.29485
       _cons |    41.81026    8.445792      4.95    0.000      25.25681     58.36371
-------------+----------------------------------------------------------------
        rhos =  .3958428  .8597205  .8501833         1   .343947 ...  .4519091
------------------------------------------------------------------------------

. test SqENP ENP


 ( 1)  SqENP = 0


 ( 2)  ENP = 0


           chi2(  2) =    2.35
         Prob > chi2 =    0.3086

. test SqElectVolat ElectVolat


 ( 1)  SqElectVolat = 0


 ( 2)  ElectVolat = 0


           chi2(  2) =    8.04
         Prob > chi2 =    0.0180

. save "D:\pol-1020\data\Indian States Data Updated.dta", replace
file D:\pol-1020\data\Indian States Data Updated.dta saved

. exit, clear