|Title:||Improved GMM estimation of panel data models with spatially correlated error components|
|Abstract:||We modify a previously suggested GMM estimator in a spatial panel regression model by taking into account the difference between disturbances and regression residuals and derive its asymptotic properties. Simulation results and an empirical application to Indonesian rice data illustrate the improvement in finite samples.|
|Subject Headings:||GMM estimation|
|Appears in Collections:||Sonderforschungsbereich (SFB) 823|
Files in This Item:
|DP_2911_SFB823_Arnold_Wied.pdf||DNB||330.31 kB||Adobe PDF||View/Open|
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