Han, Xiaoyi; Lee, Lung-fei - In: Regional Science and Urban Economics 43 (2013) 5, pp. 816-837
In this paper we investigate a spatial Durbin error model with finite distributed lags and consider the Bayesian MCMC estimation of the model with a smoothness prior. We study also the corresponding Bayesian model selection procedure for the spatial Durbin error model, the spatial autoregressive...