Leorato, Samantha; Mezzetti, Maura - Centro di Studi Internazionali Sull'Economia e la … - 2015
A hierarchical Bayesian model for spatial panel data is proposed. The idea behind the proposed method is to analyze spatially dependent panel data by means of a separable covariance matrix. Let us indicate the observations as yit, i = 1,...,N regions and t = 1,...,T time, var(y), the covariance...