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labour productivity during Greek financial crisis. A spatial autoregressive (SAR) dynamic panel data model using the robust …
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Necessary and sufficient conditions for the equality of ordinary least squares and generalized least squares estimators in the linear regression model with firstorder spatial error processes are given.
Persistent link: https://www.econbiz.de/10010438763
A number of authors have suggested that omitted variables affect spatial regression methods less than ordinary least-squares (OLS). To explore these conjectures, we derive an expression for OLS omitted variable bias in a univariate model with spatial dependence and show that positive dependence...
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autocorrelation among the regression disturbances. In particular, the true size of the test tends to either zero or unity when the … spatial autocorrelation coefficient approaches the boundary of the parameter space. …
Persistent link: https://www.econbiz.de/10009770521
The paper considers tests against for autocorrelation among the disturbances in linear regression models that can be …
Persistent link: https://www.econbiz.de/10009770908
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