Estimation of three-dimensional panel data SUR spatial econometric model
Mei Wu, ZhiHe Long
Abstract
Mei Wu, ZhiHe Long
Abstract
By combining SUR panel data model theory with spatial econometric analysis, we propose a three-dimensional panel data SUR spatial econometric model in which both of spatial correlation between individual and time-related are considered. We study the three-dimensional panel data SUR spatial econometric model estimation methods, and separately examine the 3SLS estimation steps of the three-dimensional panel data spatial lag SUR model and three-dimensional panel data spatial error SUR model. The aim of this paper is to provide a programming basis for the empirical study.
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By combining SUR panel data model theory with spatial econometric analysis, we propose a three-dimensional panel data SUR spatial econometric model in which both of spatial correlation between individual and time-related are considered. We study the three-dimensional panel data SUR spatial econometric model estimation methods, and separately examine the 3SLS estimation steps of the three-dimensional panel data spatial lag SUR model and three-dimensional panel data spatial error SUR model. The aim of this paper is to provide a programming basis for the empirical study.
Key concepts: Panel data, Econometric model, Econometrics, Estimation, Spatial econometrics, Lag, Spatial analysis, Data modeling