I am trying to measure the existence of dynamic relations between green innovation and the implementation of environmental regulation. According to literature, green innovation has a dynamic impact but I found 'lag term of green patents counts' is not statically significant. Is there any other test to confirm dynamic relation? Do you have any suggestions?
Hi Md Azizur Rahman ,
Have you examined/conducted tests on stationarity properties of the series?
Provided the model is properly specified, there is no evidence of such a dynamic relationship.
Elvis Munyaradzi Ganyaupfu No, I didn't, Is it mandatory to check stationarity properties panel data? José-Ignacio Antón Dr. do you have any suggestions for other potential tests as alternatives to Two-Step System GMM?
Dear Md Azizur Rahman
When N > T, there might be no need to conduct panel unit root tests, and vice-versa.
Dear Elvis Munyaradzi Ganyaupfu Thank you so much for sharing, N>T in my case. Anyway, you are so organized and focused scientist! Brilliant!
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