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• W2302145514 abstract "We examine a higher-order spatial autoregressive model with stochastic, but exogenous, spatial weight matrices. Allowing a general spatial linear process form for the disturbances that permits many common types of error specifications as well as potential ‘long memory’, we provide sufficient conditions for consistency and asymptotic normality of instrumental variables, ordinary least squares, and pseudo maximum likelihood estimates. The implications of popular weight matrix normalizations and structures for our theoretical conditions are discussed. A set of Monte Carlo simulations examines the behaviour of the estimates in a variety of situations. Our results are especially pertinent in situations where spatial weights are functions of stochastic economic variables, and this type of setting is also studied in our simulations." @default.
• W2302145514 created "2016-06-24" @default.
• W2302145514 creator A5031478620 @default.
• W2302145514 date "2018-05-03" @default.
• W2302145514 modified "2023-09-25" @default.
• W2302145514 title "ESTIMATION OF SPATIAL AUTOREGRESSIONS WITH STOCHASTIC WEIGHT MATRICES" @default.
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• W2302145514 doi "https://doi.org/10.1017/s0266466618000142" @default.
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