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Tests of exogeneity.
| Type of model | Wald statistics | p-value |
|---|---|---|
| Limited information maximum likelihood estimator (instrumental variable approach) | 1.18 | 0.2774 |
| Full information maximum likelihood estimator (equations system approach) | 0.3416 | 0.5589 |
Source: Author’ calculation using data from LSMS 2015.
