Functional Form and Spatial Dependence in Dynamic Panels

• المؤلفون الرئيسيون: YANG, Zhenlin, LI, Chen Wei, TSE, Yiu Kuen
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2006
• الموضوعات: Functional form; Spatial correlation; Maximum likelihood estimation; Econometrics
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soe_research/178; https://ink.library.smu.edu.sg/context/soe_research/article/1177/viewcontent/Yang_Tse_Functional_Form_2006.pdf
• المؤسسة: Singapore Management University

This paper proposes a generalized dynamic error component model that simultaneously accounts for the effects of functional form and spatial dependence. Maximum likelihood method is used for model estimation and inference. An empirical illustration using the demand for cigarettes data is given.