Han, Xiaoyi; Lee, Lung-fei - In: Regional Science and Urban Economics 43 (2013) 5, pp. 816-837
In this paper we investigate a spatial Durbin error model with finite distributed lags and consider the Bayesian MCMC … spatial Durbin error model, the spatial autoregressive model and the matrix exponential spatial specification model. We derive … coefficients, the spatial Durbin error model can better capture the pattern than the SAR and the MESS models in most cases. We …