Dynamic spatial panels: models, methods, and inferences
- First Online:
- Cite this article as:
- Elhorst, J.P. J Geogr Syst (2012) 14: 5. doi:10.1007/s10109-011-0158-4
- 1.9k Downloads
This paper provides a survey of the existing literature on the specification and estimation of dynamic spatial panel data models, a collection of models for spatial panels extended to include one or more of the following variables and/or error terms: a dependent variable lagged in time, a dependent variable lagged in space, a dependent variable lagged in both space and time, independent variables lagged in time, independent variables lagged in space, serial error autocorrelation, spatial error autocorrelation, spatial-specific and time-period-specific effects. The survey also examines the reasoning behind different model specifications and the purposes for which they can be used, which should be useful for practitioners.