Narrow search
Showing 1 - 10 of 774,232
Cover Image
Maximum Likelihood Estimation and Lagrange Multiplier Tests for Panel Seemingly Unrelated Regressions with Spatial Lag and Spatial Errors: An Application to Hedonic Housing Prices...
Baltagi, Badi H.; Bresson, Georges - Institute for the Study of Labor (IZA) - 2010
spatial autocorrelation and random effects for this spatial SUR panel model. The small sample performance of the proposed …This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and … spatial lag dependent variable and where the heterogeneity in the panel is incorporated via an error component specification …
Persistent link: https://www.econbiz.de/10008682245
Cover Image
Maximum likelihood estimation and lagrange multiplier tests for panel seemingly unrelated regressions with spatial lag and spatial errors : an application to hedonic housing prices...
Baltagi, Badi H.; Bresson, Georges - 2010
spatial autocorrelation and random effects for this spatial SUR panel model. The small sample performance of the proposed … likelihood ; panel spatial dependence ; spatial lag ; spatial error ; SUR …This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and …
Persistent link: https://www.econbiz.de/10009013035
Cover Image
Maximum Likelihood Estimation and Lagrange Multiplier Tests for Panel Seemingly Unrelated Regressions with Spatial Lag and Spatial Errors : An Application to Hedonic Housing Prices...
Baltagi, Badi H. - 2010
spatial autocorrelation and random effects for this spatial SUR panel model. The small sample performance of the proposed …This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and … spatial lag dependent variable and where the heterogeneity in the panel is incorporated via an error component specification …
Persistent link: https://www.econbiz.de/10013137243
Cover Image
Hedonic Housing Prices in Paris: An Unbalanced Spatial Lag Pseudo-Panel Model with Nested Random Effects
Baltagi, Badi H.; Bresson, Georges; Etienne, Jean-Michae - Center for Policy Research, Maxwell School - 2013
This paper estimates a hedonic housing model based on flats sold in the city of Paris over the period 1990-2003. This … is done using maximum likelihood estimation taking into account the nested structure of the data. Paris is historically … (�lot, in French) per quartier. This is an unbalanced pseudo-panel data containing 156,896 transactions. Despite the …
Persistent link: https://www.econbiz.de/10010751571
Cover Image
Maximum likelihood estimation and Lagrange multiplier tests for panel seemingly unrelated regressions with spatial lag and spatial errors : an application to hedonic housing prices...
Baltagi, Badi H.; Bresson, Georges - In: Journal of urban economics 69 (2011) 1, pp. 24-42
Persistent link: https://www.econbiz.de/10009303851
Cover Image
Chapter 25. Neighborhood Effects And Housing
Ioannides, Yannis M. - In: Handbook of social economics : volume 1, (pp. 1281-1340). 2011
This chapter focuses on neighborhood effects in housing markets. Households in effect choose neighborhood effects, or more generally social interactions, via their location decisions, which renders them endogenous. Across several classes of models that it examines, it emphasizes how we may...
Persistent link: https://www.econbiz.de/10014025502
Cover Image
Large panel data models with cross-sectional dependence : a survey
Chudik, Alexander; Pesaran, M. Hashem - 2013
This paper provides an overview of the recent literature on estimation and inference in large panel data models with … cross-sectional dependence. It reviews panel data models with strictly exogenous regressors as well as dynamic models with …-sectional dependence. It considers a number of alternative estimators for static and dynamic panel data models, distinguishing between …
Persistent link: https://www.econbiz.de/10009786037
Cover Image
Equal Predictive Ability Tests Based on Panel Data with Applications to OECD and IMF Forecasts
Akgun, Oguzhan; Pirotte, Alain; Urga, Giovanni; Yang, … - 2023
over all panel units and over time. The second, called C-statistics, focuses on the clustered EPA hypothesis where the EPA … holds jointly for a fixed number of clusters of panel units. The asymptotic properties of the proposed tests are evaluated …
Persistent link: https://www.econbiz.de/10014261562
Cover Image
Hedonic House Prices and Spatial Quantile Regression
Liao, Wen-Chi - 2011
Despite its long history, hedonic pricing for housing valuation remains an active research area, and applications of new estimation methods continually push research frontiers. However, housing studies regarding Chinese cities are limited due to the short history of China's free housing market....
Persistent link: https://www.econbiz.de/10013118829
Cover Image
Specification and Estimation of a Spatial Hedonic Prices Model to Evaluate the Impact of Transmilenio on the Value of the Property in Bogota
Perdomo Calvo, Jorge Andres - 2010
This paper considers the identification and estimation of a spatial hedonic price model including the variable distance between the local properties and the nearest station of the massive transportation system Transmilenio (TM) in Bogotá, Colombia. We estimate a model to explain variations in...
Persistent link: https://www.econbiz.de/10013147572