GENERALIZED SPATIAL 2-STAGE LEAST-SQUARES PROCEDURE FOR ESTIMATING A SPATIAL AUTOREGRESSIVE MODEL WITH AUTOREGRESSIVE DISTURBANCES

Authors
KELEJIAN HH PRUCHA IR
Citation
Hh. Kelejian et Ir. Prucha, GENERALIZED SPATIAL 2-STAGE LEAST-SQUARES PROCEDURE FOR ESTIMATING A SPATIAL AUTOREGRESSIVE MODEL WITH AUTOREGRESSIVE DISTURBANCES, Journal of real estate finance and economics, 17(1), 1998, pp. 99-121
Citations number
19
Categorie Soggetti
Economics,"Urban Studies","Business Finance
Journal title
Journal of real estate finance and economics → ACNP
ISSN journal
08955638
Volume
17
Issue
1
Year of publication
1998
Pages
99 - 121
Database
ISI
SICI code
0895-5638(1998)17:1<99:GS2LPF>2.0.ZU;2-0
Abstract
Cross-sectional spatial models frequently contain a spatial lag of the dependent variable as a regressor or a disturbance term that is spati ally autoregressive. In this article we describe a computationally sim ple procedure for estimating cross-sectional models that contain both of these characteristics. We also give formal large-sample results.