This paper proposes a Bayesian estimation framework for panel-data sets with binary dependent variables where a large number of cross-sectional units is observed over a short period of time, and cross-sectional units are interdependent in more than a single network domain. The latter provides...

In this paper, we discuss estimation procedure and various inferential methods for varying coefficient panel data models that include spatially correlated error components. Our estimation procedure is an extension of the quasi-maximum likelihood method for spatial panel data regression to the...

This paper examines the direct and spillover effects of exchange rate on foreign direct investment (FDI) inflows in a panel of ASEAN countries from 2001 to 2018. We utilize the spatial econometric approach to accommodate the nature of spatial dependence among ASEAN countries. Our results suggest...

This paper proposes a Bayesian estimation framework for panel-data sets with binary dependent variables where a large number of cross-sectional units is observed over a short period of time, and cross-sectional units are interdependent in more than a single network domain. The latter provides...

In this paper, we discuss estimation procedure and various inferential methods for varying coefficient panel data models that include spatially correlated error components. Our estimation procedure is an extension of the quasi-maximum likelihood method for spatial panel data regression to the...