We propose a simple-to-implement dynamic panel data method to evaluate the impacts of place-based policies. The idea is … to exploit both the cross sectional dependence and the serial correlation within a panel and implement a semi difference …

, upper middle income group, and high income group. We employ the GMM-SYS approach for the estimation of the panel VAR model …This paper uses the panel data of energy consumption and GDP for 82 countries from 1972 to 2002. Based on the income …

of externalities from neighbouring regions. The spatial Durbin fixed-effect panel specification captures spatial feedback …