Journal
SPATIAL STATISTICS
Volume 22, Issue -, Pages 1-17Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.spasta.2017.07.012
Keywords
Correlated random effects; Spatial spillovers; Panel data
Categories
Funding
- Ministerio de Economia y Competitividad [ECO2014-55553-P, ECO2016-78652]
- Agaur, Generalitat de Catalunya [2014FI_00301]
Ask authors/readers for more resources
Individual-specific effects and their spatial spillovers are not generally identified in linear panel data models. In this paper we present identification conditions under the assumption that covariates are correlated with the individual-specific effects and derive appropriate GLS and IV estimators for the resulting correlated random effects spatial panel data model. We also illustrate the proposed estimators using a Cobb-Douglas production function specification and US state-level data from Munnell (1990). As in previous studies, we find no evidence of public capital spillovers. However, public capital does play a role in the positive outwards'' spatial contagion of the individual effects. (C) 2017 Elsevier B.V. All rights reserved.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available