Lambert, Dayton M.; Xu, Wan; Florax, Raymond J. G. M. - In: International Regional Science Review 37 (2014) 3, pp. 328-364
In this application, income and job growth in the eastern United States are explained using a partial adjustment model with regime switching potential and spatial spillover, or “Smooth Transition†spatial process models (STAR). This relatively new class of spatial regression models...