This paper develops an estimator for higher-order spatial autoregressive panel data error component models with spatial … assumptions for a generalized moments (GM) estimation procedure of the spatial autoregressive parameters of the disturbance … small sample performance. -- Higher-order spatial dependence ; generalized moments estimation ; two-stages least squares …

between host countries). For this, we use a panel data set of U.S. foreign affiliate sales to 16 developed countries in 7 …

than log-linear models to specify "normal" FDI and obtain estimates of unexhausted FDI potentials. I use panel data on … disadvantage of log-linear model estimation at quasi-maximum likelihood estimation. …