autoregressive spatial lag panel data model with spatially correlated disturbances. In the spirit of Arellano and Bond (1991) and …

This paper sets up a nested random effects spatial autoregressive panel data model to explain annual house price … nested random effects in a panel data setting. To achieve this, the paper proposes new estimators based on the instrumental …

This paper focuses on inference based on the usual panel data estimators of a one-way error component regression model … usual panel data estimators ignore this dependence. Two popular forms of spatial autocorrelation are considered, namely … spatial coefficients are large, test of hypothesis based on the usual panel data estimators that ignore spatial dependence can …