The literature on panel models has made considerable progress in the last few decades, integrating non-stationary data … and spatio-temporal dynamics. In a panel setting, this provides a way to represent both spatial and temporal equilibria …

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 …

homogeneous and heterogeneous panel data estimators to a Spatial Panel Error Correction Model (SpECM) for regional output growth …

homogeneous and heterogeneous panel data estimators to a Spatial Panel Error Correction Model (SpECM) for regional output growth …

homogeneous and heterogeneous panel data estimators to a Spatial Panel Error Correction Model (SpECM) for regional output growth …

In this paper, we consider the estimation of a dynamic panel data model with non-stationary multi-factor error … structures. We adopted the common correlated effect (CCE) estimation and established the asymptotic properties of the CCE and … variety of data generation processes. Empirical findings suggest that the CCE estimation is widely applicable to models with …

annual macroeconomic panel data for selected 14 Asian economies. The study focuses on the link between the indicators of … financial development and economic growth. The results of panel cointegration analysis suggest that there is two …

annual macroeconomic panel data for selected 14 Asian economies. The study focuses on the link between the indicators of … financial development and economic growth. The results of panel cointegration analysis suggest that there is two …

countries for the period 1981–2013. Taking advantage of the recently developed dynamic panel data estimation techniques, the … paper tests for both panel unit roots and cointegration before employing the panel vector error-correction model (VECM …

a panel of 28 European economies during the 1995-2018 period. The hypothesis is verified using Pesaran (2007) panel unit … root and Westerlund (2007) cointegration tests that account for cross-sectional dependence in the series, and three panel …