The Econometric Analysis of Non-Stationary Spatial Panel Data

Business & Finance, Economics, Urban & Regional, Econometrics
Cover of the book The Econometric Analysis of Non-Stationary Spatial Panel Data by Michael Beenstock, Daniel Felsenstein, Springer International Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Michael Beenstock, Daniel Felsenstein ISBN: 9783030036140
Publisher: Springer International Publishing Publication: March 27, 2019
Imprint: Springer Language: English
Author: Michael Beenstock, Daniel Felsenstein
ISBN: 9783030036140
Publisher: Springer International Publishing
Publication: March 27, 2019
Imprint: Springer
Language: English

This monograph deals with spatially dependent nonstationary time series in a way accessible to both time series econometricians wanting to understand spatial econometics, and spatial econometricians lacking a grounding in time series analysis. After charting key concepts in both time series and spatial econometrics, the book discusses how the spatial connectivity matrix can be estimated using spatial panel data instead of assuming it to be exogenously fixed. This is followed by a discussion of spatial nonstationarity in spatial cross-section data, and a full exposition of non-stationarity in both single and multi-equation contexts, including the estimation and simulation of spatial vector autoregression (VAR) models and spatial error correction (ECM)  models.
The book reviews the literature on panel unit root tests and panel cointegration tests for spatially independent data, and for data that are strongly spatially dependent. It provides for the first time critical values for panel unit root tests and panel cointegration tests when the spatial panel data are weakly or spatially dependent. 
The volume concludes with a discussion of incorporating strong and weak spatial dependence in non-stationary panel data models. All discussions are accompanied by empirical  testing based on a spatial panel data of house prices in Israel.

 

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This monograph deals with spatially dependent nonstationary time series in a way accessible to both time series econometricians wanting to understand spatial econometics, and spatial econometricians lacking a grounding in time series analysis. After charting key concepts in both time series and spatial econometrics, the book discusses how the spatial connectivity matrix can be estimated using spatial panel data instead of assuming it to be exogenously fixed. This is followed by a discussion of spatial nonstationarity in spatial cross-section data, and a full exposition of non-stationarity in both single and multi-equation contexts, including the estimation and simulation of spatial vector autoregression (VAR) models and spatial error correction (ECM)  models.
The book reviews the literature on panel unit root tests and panel cointegration tests for spatially independent data, and for data that are strongly spatially dependent. It provides for the first time critical values for panel unit root tests and panel cointegration tests when the spatial panel data are weakly or spatially dependent. 
The volume concludes with a discussion of incorporating strong and weak spatial dependence in non-stationary panel data models. All discussions are accompanied by empirical  testing based on a spatial panel data of house prices in Israel.

 

More books from Springer International Publishing

Cover of the book Discrete Geometry for Computer Imagery by Michael Beenstock, Daniel Felsenstein
Cover of the book Rock Grouting at Dam Sites by Michael Beenstock, Daniel Felsenstein
Cover of the book Victims of Obtrusive Violence by Michael Beenstock, Daniel Felsenstein
Cover of the book Information Retrieval Technology by Michael Beenstock, Daniel Felsenstein
Cover of the book Code Biology by Michael Beenstock, Daniel Felsenstein
Cover of the book Chemical Optimization Algorithm for Fuzzy Controller Design by Michael Beenstock, Daniel Felsenstein
Cover of the book Genetic Programming by Michael Beenstock, Daniel Felsenstein
Cover of the book Pulmonary Dysfunction and Disease by Michael Beenstock, Daniel Felsenstein
Cover of the book Data Science by Michael Beenstock, Daniel Felsenstein
Cover of the book Molecular Physiology and Ecophysiology of Sulfur by Michael Beenstock, Daniel Felsenstein
Cover of the book Lifelong Learning and Education in Healthy and Sustainable Cities by Michael Beenstock, Daniel Felsenstein
Cover of the book Biomedical Technology by Michael Beenstock, Daniel Felsenstein
Cover of the book Evaluation of Novel Approaches to Software Engineering by Michael Beenstock, Daniel Felsenstein
Cover of the book Sustainable Development, Knowledge Society and Smart Future Manufacturing Technologies by Michael Beenstock, Daniel Felsenstein
Cover of the book Pattern Recognition by Michael Beenstock, Daniel Felsenstein
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy