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Table. 3 Tests of instrumental variables

From: Health insurance enrollment and vision health in rural China: an epidemiological survey

 

Value of statistic

P-value

1. Overidentification test of all instruments

  Sargan statistic

0.0000

0.9999

2. F-value test

  F statistic

64.0900

0.0000

3. Underidentification test

  Kleibergen-Paap rk LM statistic

188.1150

0.0000

4. Weak identification test

  Cragg-Donald Wald F statistic

96.7100

 

  Kleibergen-Paap Wald rk F statistic

64.0900

 

Stock-Yogo weak ID test critical values for K1 = 1 and L1 = 3:

  10 % maximal IV size

22.3000

 

  15 % maximal IV size

12.8300

 

  20 % maximal IV size

9.5400

 

  25 % maximal IV size

7.8000

 

5. IV redundancy test

  IV tested: Inscover

25.4870

0.0000

  IV tested: Insfund

168.3660

0.0000

  IV tested: Insyear

122.8600

0.0000

6. IV heteroscedasticity test

  Pagan-Hall general test statistic

743.0980

0.0000

7. Endogeneity test

  Wu-Hausman F test

6.4473

0.0111

  Durbin-Wu-Hausman chi-sq test

6.4488

0.0111

  1. Note: Column 2 and 3 show the values and p-values of the statistics of each test respectively
  2. Abbreviations: IV instrumental variables; Inscover the respondent’s county’s health insurance participation rate; Insfund the county’s per capita funding of health insurance; Insyear the county’s duration of health insurance implementation