GME estimation of spatial structural equations models
Abstract
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The objective of this paper is to develop a GME formulation for the class of spatial structural equations models (S-SEM) into a panel data framework. In this respect, two innovatory aspects are introduced: (i) the formalization of the GME estimation approach of SEM to allow for spatial heterogeneity and spatial dependence (spatially sampled data); (ii) the extension of the methodology panel data.
The objective of this paper is to develop a GME formulation for the class of spatial structural equations models (S-SEM) into a panel data framework. In this respect, two innovatory aspects are introduced: (i) the formalization of the GME estimation approach of SEM to allow for spatial heterogeneity and spatial dependence (spatially sampled data); (ii) the extension of the methodology panel data.
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