The Likelihood Ratio Test of Common Factors under Non-Ideal Conditions

The Spatial Durbin model occupies an interesting position in SpatialEconometrics. It is the reduced form of a model with cross-sectional dependencein the errors and it may be used as the nesting equation in a more general approachof model selection. Specifically, in this equation we can obtain the L...

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Bibliographic Details
Main Authors: Ana M. Angulo, Jesús Mur
Format: Article
Language:English
Published: AECR 2011-01-01
Series:Investigaciones Regionales - Journal of Regional Research
Subjects:
Online Access:http://www.aecr.org/images/ImatgesArticles/2012/3/04_ANGULO.pdf