As I understand it, the short answer is no. Your problem would be the lighting coil. If the stator is bad you're not going to run or have lights or anything though these symptoms my be intermittent or progressively get worse.
I believe the stator powers 2 coils within the "stator assembly", a trigger coil and a lighting coil. The trigger sends power to the ignition and the lighting powers the lights and gauges and such via the v-regulator.
So, if you're running fine but have no lights or gauges, your lighting coil is suspect.
If you have lights while cranking/pulling but no or poor spark, your trigger coil may be the problem (not common).
If no light and no spark while cranking/pulling, stator my be the issue (more common then trigger coil).
Again, this is my simple understanding but I don't think I'm far off if at all.
Here is a link to a good read. There are others of course.