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An important infrastructure policy issue for rapidly growing cities in developing countries is how to raise fiscal revenues to finance basic services in a fair and efficient manner. This paper applies hedonic analysis that explicitly accounts for spatial spillovers to derive the value of...
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In 2008 Kelejian extended the J-test procedure to a spatial framework. In that paper he considered a null model which could, but need not, contain spatial lags in both the dependent variable and disturbance term. Under the alternative, he considered one or more non-nested spatial models which...
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We examine spatial spillovers in institutional development. Dependent variables are institutional measures reflecting politics, law, and governmental administration. The explanatory variable of interest is the level of institutions in bordering countries—a spatial lag of the dependent...
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Time series regression models that have autoregressive errors are often estimated by two-stage procedures which are based on the Cochrane-Orcutt (1949) transformation. It seems natural to also attempt the estimation of spatial regression models whose error terms are autoregressive in terms of an...
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Weighting matrices are typically assumed to be exogenous. However, in many cases this exogeneity assumption may not be reasonable. In these cases, typical model specifications and corresponding estimation procedures will no longer be valid. In this paper we specify a reasonably general spatial...
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