Regression modelGIS / spatial
Panel Spatial Error Model
The Panel Spatial Error Model (panel SEM) extends the classical spatial error model to panel data, allowing spatial dependence to enter through the error term across cross-sectional units over multiple time periods. It accounts for spatially correlated omitted variables without imposing a substantive spatial spillover in the outcome itself.
Open in MethodMindSoonVideoSoon
Read the full method
Members only
Sign inSign in with a free account to read this section.
Sources
- Elhorst, J. P. (2014). Spatial Econometrics: From Cross-Sectional Data to Spatial Panels. Springer. ISBN: 978-3642403408
- Anselin, L. (1988). Spatial Econometrics: Methods and Models. Kluwer Academic Publishers. ISBN: 978-9024737291