Franzese, Robert J.; Hays, Jude C. - Wissenschaftszentrum Berlin für Sozialforschung (WZB) - 2004
Although scholars recognize that time-series-cross-section data typically correlate across both time and space, they tend to model temporal dependence directly, often by lags of dependent variables, but to address spatial interdependence solely as a nuisance to be “corrected” by FGLS or to...