This paper develops an estimator for higher-order spatial autoregressive panel data error component models with spatial … assumptions for a generalized moments (GM) estimation procedure of the spatial autoregressive parameters of the disturbance … small sample performance. -- Higher-order spatial dependence ; generalized moments estimation ; two-stages least squares …

derive the moment conditions and the optimal weighting matrix for a generalized moments (GM) estimation procedure of the … ; two-stages least squares ; generalized moments estimation ; asymptotics …

panel econometric generic structure. The issues covered range from the estimation of double-indexed versus higher …One of the oldest and largest literatures in empirical economics is concerned with the estimation of demand and supply … across pairs or regional units or even across cross-sectional units and time inevitably leads to a panel data structure of …