Spatial Panel Data Models

Elhorst, J. Paul

doi:10.1007/978-3-642-40340-8_3

Cited by 264 publications

(193 citation statements)

References 105 publications

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“…Empirical studies have found that panel data are generally more informative, which offers greater variability, less linearity between variables, and provides more efficient estimates (Elhorst, 2010;Greene, 2003;Hsiao, 2003). Because the data used in this study is a panel data set, we used the panel linear regression with exogenous covariates.…”

Section: Methodsmentioning

confidence: 98%

The motorcycle to passenger car ownership ratio and economic growth: A cross-country analysis

Law

Hamid

Goh

2015

Journal of Transport Geography

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Section: Methodsmentioning

confidence: 98%

The motorcycle to passenger car ownership ratio and economic growth: A cross-country analysis

Law

Hamid

Goh

2015

Journal of Transport Geography

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“…However, according to Elhorst (2011), the results should be similar to those of the "original" parameter estimates (Elhorst, 2011). Columns 4 and 6…”

Section: Discussionmentioning

confidence: 80%

The value of rural landscape in Aquitania (Colombia): application of spatial hedonic models in real estate analysis

Fajardo

Barriga

Lafortezza³

2016

Cuad. Des. Rural

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Como citar este artículo: Plata Fajardo, A. M., Cañón, J. y Lafortezza, R. (2015). El valor del entorno rural en Aquitania (Colombia): aplicación de modelos espaciales hedónicos en el análisis de bienes raíces Resumen El presente estudio aborda el valor económico marginal de las comodidades ambientales, características estructurales, instalaciones vecinas y la accesibilidad de las propiedades en Aquitania, Colombia. Tomando como base 400 valores calculados de propiedades de terreno rural y 21 variables características de las instalaciones y comodidades del terreno, este estudio compara tres modelos: Mínimos Cuadrados Ordinarios (ols), Modelo de Rezago Espacial (slm) y Modelo de Error Espacial (sem). Los resultados muestran que tanto el slm como el sem superan al ols en la identificación de la importancia de los atributos de los bienes raíces. Los resultados muestran que los granjeros aprecian las comodidades del entorno sobre otros atributos, quedando implícito el mayor valor de la ganadería sobre la agricultura (cultivo de cebolla) en el uso del terreno. Estos modelos pueden ser de ayuda para sustentar decisiones respecto a la economía de los bienes raíces rurales. os agricultores gostam do conforto do entorno sobre outros atributos, ficando implícito o maior valor da produção de gado sobre a agricultura (cultivo de cebola) no uso do terreno. Estes modelos podem ser de ajuda para suportar decisões no que diz respeito da economia dos bens de raiz rurais.Palavras-chave: Les résultats montrent que tantôt l slm que le sem dépassent au ols dans l'identification de l'importance des attributs de biens immeubles. Les résultats montrent que les fermiers apprécient les commodités de l'entourage sur les autres attributs, de ce fait il est implicite que l'élevage a une plus grande valeur par rapport à l'agriculture (planter de l'oignon) dans l'usage du terrain. Ces modèles peuvent être d'aide pour soutenir les choix par rapport à l'économie de biens immeubles ruraux

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“…Baltagi et al, 2007), i.e., o t 0dWo t 'v t , where the error terms o cf and v ct are written in vector form for each cross-section of China's trade partners at time t, v t ÂN(0, s 2 I N ), W is an N )N matrix describing the spatial arrangement of China's partners around the world, and d is the spatial autocorrelation coefficient that needs to be estimated. However, Elhorst (2010) shows that this spatial error specification boils down to a set of time period effects if each entry of W is specified as 1/N. 7 This implies that the unconstrained gravity model can be estimated with the same accuracy as a constrained gravity model if a set of time period fixed effects (l t ), one for every time period in the sample, is added to Equation (2).…”

Section: Third-country Effectsmentioning

confidence: 99%

China's Politics and Bilateral Trade Linkages

Zhang

Witteloostuijn

Elhorst

2011

Asian Journal of Political Science

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China's position in the world economy during the past half-century provides vital information for investigating the relation between politics and trade. Although there is a substantial number of studies in this area, the current study extends the literature in at least three ways: (1) it is one of the first studies that investigates the problem of a potential sample selection bias*as a result of the fact that countries taken up in the analysis are not randomly sampled from all countries in the world; (2) it considers thirdcountry effects that follow from the fact that China's relation with any two countries is affected by the relation between these countries themselves; and (3) it tests the impact of five political arrangements simultaneously, which is more comprehensive than any former study. By using data as to 78 of China's trade partners over the 1950Á2002 period, this study provides empirical evidence for the hypotheses that the establishment of diplomatic relations, cooperation, visits of heads of states and political system similarity are associated with greater trade flows. The hypothesis that member countries of a Preferential Trading Agreement have had smaller trade flows with China, which is no member of any of these Preferential Trading Agreements, is not supported by the results.

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Spatial Panel Data Models

Cited by 264 publications

References 105 publications

The motorcycle to passenger car ownership ratio and economic growth: A cross-country analysis

The motorcycle to passenger car ownership ratio and economic growth: A cross-country analysis

The value of rural landscape in Aquitania (Colombia): application of spatial hedonic models in real estate analysis

China's Politics and Bilateral Trade Linkages

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