Instrumental Variables/Method of Moments Estimation
The chapter discusses generalized method of moments (GMM) estimation methods for spatial models. Much of the discussion is on GMM estimation of Cliff-Ord-type models where spatial interactions are modeled in terms of spatial lags. The chapter also discusses recent developments on GMM estimation from data processes which are spatially α-mixing.
KeywordsSpatial model Moment condition Spatial econometrics Spatial weight matrices Generalized methods of moments
I would like to thank James LeSage and Pablo Salinas Macario for their helpful comments on this chapter.
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