limitations, such as noninvertibility and unclear asymptotic properties of the QML estimator, our Monte Carlo simulations indicate … that the standard QML estimator is consistent and asymptotically normal for larger sample sizes (i.e., T ≥ 2500). Two …

limitations, such as noninvertibility and unclear asymptotic properties of the QML estimator, our Monte Carlo simulations indicate … that the standard QML estimator is consistent and asymptotically normal for larger sample sizes (i.e., T Ï 2500). Two …

errors. A quasi maximum likelihood (QML) estimation procedure is developed and the conditions for identification of spatial … coefficients are derived. Regularity conditions are established for the QML estimators of individual spatial coefficients, as well …