Baltagi, Badi H.; Egger, Peter; Pfaffermayr, Michael - In: Econometric Reviews 32 (2013) 5-6, pp. 650-685
This paper proposes a generalized panel data model with random effects and first-order spatially autocorrelated residuals that encompasses two previously suggested specifications. The first one is described in Anselin's (1988) book and the second one by Kapoor et al. (2007). Our encompassing...