THE SLX MODEL
Abstract
We provide a comprehensive overview of the strengths and weaknesses of different spatial econometric model specifications in terms of spillover effects. Based on this overview, we advocate taking the SLX model as point of departure in case a well‐founded theory indicating which model is most appropriate is lacking. In contrast to other spatial econometric models, the SLX model also allows for the spatial weights matrix W to be parameterized and...
Paper Details
Title
THE SLX MODEL
Published Date
Feb 6, 2015
Journal
Volume
55
Issue
3
Pages
339 - 363
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