Showing 1 - 1 of 1
This paper adopts a dynamic spatial panel data model with common factors to explain the non-stationary diffusion process of cigarette consumption across 69 Italian provinces over the period 1877-1913. The Pesaran (2015) CD-test and the exponent-test of Bailey et al. (2015) are used to show that...
Persistent link: https://www.econbiz.de/10012990697