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This paper empirically examines the international spillover of economic growth through bilateral trade. We extend the Solow growth model with a spatial autoregressive term and a spatial time lag term, and estimate such a model with a sample of 26 OECD countries over the period 1971–2005. We...
Persistent link: https://www.econbiz.de/10010681760
The Huaibei coalfield is in the East China Economic Area, which is rich in coal and gas resources. However, hundreds of coal and gas outburst accidents have occurred because of the complex geological structures of the coalfield. Based on theoretical analysis and field statistics, the...
Persistent link: https://www.econbiz.de/10010759068
This paper investigates the quasi-maximum likelihood (QML) estimation of spatial panel data models where spatial weights matrices can be time varying. We show that QML estimate is consistent and asymptotically normal. We also derive the asymptotic distribution of average impact coefficients...
Persistent link: https://www.econbiz.de/10011208460