Arraiz, Irani; Drukker, David M.; Kelejian, Harry H.; … - In: Journal of Regional Science 50 (2010) 2, pp. 592-614
In this paper, we specify a linear Cliff-and-Ord-type spatial model. The model allows for spatial lags in the dependent variable, the exogenous variables, and disturbances. The innovations in the disturbance process are assumed to be heteroskedastic with an unknown form. We formulate multistep...