Empirical assessments of the forecasting power of spatial panel data econometric models are still scarcely available … simulations are obviously useful to evaluate the properties and forecasting power of competing estimators, the empirical set … unemployment data for France, Germany, Italy, Spain and Switzerland. Additionally, we test different forecasting horizons, in order …

Empirical assessments of the forecasting power of spatial panel data econometric models are still scarcely available … test different forecasting horizons, in order to investigate the speed of deterioration of forecasting quality. We compare … appears to diminish as the forecasting horizon widens, eventually leading the SF model to being preferred for more distant …

dynamics of unemployment, as well as a spatial vector-autoregressive (SVAR) model. We compare the short-run forecasting … and size of the administrative regions influence their relative forecasting performance. We compute short-run unemployment …

favour a similar economic performance among adjacent regions. Therefore, proper forecasting of socio-economic variables, such …

favour a similar economic performance among adjacent regions. Therefore, proper forecasting of socio-economic variables, such …

forecasting range. Next, additional forecasts are computed, by combining the NN methodology with Shift-Share Analysis (SSA). Since …-of-sample forecasting ability of the models is evaluated by means of several appropriate statistical indicators. …