Gallo, Julie Le; Baumont, Catherine; Dall'erba, Sandy; … - In: Applied Economics Letters 12 (2005) 9, pp. 533-536
The aim of this paper is to illustrate the property of global spillover effects in the first-order spatial autoregressive error model and the associated diffusion process of spatial shocks. An application is provided on a sample of 145 regions over 1989-1999 and highlights the most influential...