Baltagi, Badi; Li, Dong - In: Spatial Economic Analysis 1 (2006) 2, pp. 175-185
Abstract This paper considers the problem of prediction in a panel data regression model with spatial autocorrelation in the context of a simple demand equation for liquor. This is based on a panel of 43 states over the period 1965–1994. The spatial autocorrelation due to neighbouring states...