GME Estimation of Spatial Structural Equations Mod

Authors: Rosa Bernardini Papalia Enrico Ciavolino

Publish Date: 2011/01/21

Volume: 28, Issue: 1, Pages: 126-141

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Abstract

The objective of this paper is to develop a GME formulation for the class of spatial structural equations models SSEM In this respect two innovatory aspects are introduced i the formalization of the GME estimation approach for structural equations models that account for spatial heterogeneity and spatial dependence ii the extension of the methodology to a panel data framework We also present an application of the method to real data finalized to investigate disparities of unemployment rates in OECD countries over the period 19982006

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