Hujer, Reinhard; Rodrigues, Paulo J.M.; Wolf, Katja - In: Journal of Economics and Statistics (Jahrbuecher fuer … 228 (2008) 5+6, pp. 612-629
This paper presents an overview of recently developed estimation methods for dynamic panel data models with spatial correlation.We discuss the specification, themain assumptions and the implications of themodel. Themost important estimation strategy is the application ofGeneralized Method of...