Prediction in a Generalized Spatial Panel Data Model with Serial Correlation

Author(s)/Creator(s)

Badi H. Baltagi, Syracuse UniversityFollow
Long Liu, University of Texas at San AntonioFollow

Description/Abstract

This paper considers the generalized spatial panel data model with serial correlation proposed by Lee and Yu (2012) which encompasses a lot of the spatial panel data models considered in the literature, and derives the best linear unbiased predictor (BLUP) for that model. This in turn provides valuable BLUP for several spatial panel models as special cases.

Document Type

Working Paper

Date

Spring 2-2016

Keywords

Prediction, Panel Data, Fixed Effects, Random Effects, Serial Correlation, Spatial Error Correlation, Unbiased Predictor

Language

English

Series

Working Papers Series

Disciplines

Econometrics | Economics | Economic Theory

ISSN

1525-3066

Additional Information

Working paper no. 188

Recommended Citation

Baltagi, Badi H. and Liu, Long, "Prediction in a Generalized Spatial Panel Data Model with Serial Correlation" (2016). Center for Policy Research. 219.
https://surface.syr.edu/cpr/219

Source

Local input

Creative Commons License

This work is licensed under a Creative Commons Attribution 3.0 License.