Original Article

Journal of Geographical Systems

, Volume 14, Issue 1, pp 5-28

First online:

Dynamic spatial panels: models, methods, and inferences

  • J. Paul ElhorstAffiliated withDepartment of Economics and Econometrics, University of Groningen Email author 

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Abstract

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.

Keywords

Dynamic effects Spatial spillover effects Identification Estimation methods Stationarity conditions

JEL Classification

C21 C23 C51