The spatial time lag in panel data models

Economics Letters

Volumn 117, Issue 3, 2012, Pages 544-547

  Tao, Ji ^a   Yu, Jihai ^b  

^a SHANGHAI UNIVERSITY OF FINANCE AND ECONOMICS   (China)

^b Peking University   (China)

Author keywords

Dynamic panels; Expenditures; Spatial autoregression; Spatial time lag

Indexed keywords

EID: 84864928968     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econlet.2012.07.025     Document Type: Article

References (16)

1. Abel A.B. Asset prices under habit formation and catching up with the Joneses. American Economic Review 1990, 80:38-42.
2. Anselin L. Spatial econometrics. A Companion to Theoretical Econometrics 2001, Blackwell Publishers Lte., Massachusetts, (Chapter 14). B.H. Baltagi (Ed.).
3. Anselin L., Le Gallo J., Jayet H. Spatial panel econometrics. The Econometrics of Panel Data: Fundamentals and Recent Developments in Theory and Practice 2008, Springer, Berlin, Heidelberg.
4. Baltagi B., Song S.H., Jung B.C., Koh W. Testing for serial correlation, spatial autocorrelation and random effects using panel data. Journal of Econometrics 2007, 140:5-51.
5. Baltagi B., Song S.H., Koh W. Testing panel data regression models with spatial error correlation. Journal of Econometrics 2003, 117:123-150.
6. Bergstrom P., Dahlberg M., Mork E. The effects of grants and wages on municipal labour demand. Labour Economics 2004, 11:315-334.
7. Brueckner J.K. Strategic interaction among governments: an overview of empirical studies. International Regional Science Review 2003, 26:175-188.
8. Dahlberg M., Johansson E. An examination of the dynamic behaviour of local governments using GMM bootstrapping methods. Journal of Applied Econometrics 2000, 15:401-416.
9. Gali Jordi Keeping up with the Joneses: consumption externalities, portfolio choice, and asset prices. Journal of Money, Credit and Banking 1994, 26:1-8.
10. Hall R. Stochastic implications of the life cycle-permanent income hypothesis: theory and evidence. Journal of Political Economy 1978, 96:971-987.
11. Kapoor M., Kelejian H.H., Prucha I.R. Panel data models with spatially correlated error components. Journal of Econometrics 2007, 140:97-130.
12. Rassenti S., Reynolds S., Smith V., Szidarovszky F. Adaptation and convergence of behavior in repeated experimental Cournot games. Journal of Economic Behavior & Organization 2000, 41:117-146.
13. Tao, J., 2005. Analyzing local school expenditures in a dynamic game. Manuscript. Department of Economics. Ohio State University.
14. Tiebout C.M A pure theory of local expenditures. Journal of Political Economy 1956, 64:416-424.
15. Yu J., de Jong R., Lee L-F. Quasi-maximum likelihood estimators for spatial dynamic panel data with fixed effects when both n and T are large. Journal of Econometrics 2008, 146:118-134.
16. Yu J., Lee L.F. Convergence: a spatial dynamic panel data approach. Global Journal of Economics 2012, 1. 1250006 (36 pages).