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Advances in Spatial Science

The Econometric Analysis of Non-Stationary Spatial Panel Data

Authors: Beenstock, Michael, Felsenstein, Daniel

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  • Gives specific focus to the econometrics of nonstationary spatial panel data 
  • Provides numerous worked empirical examples for the methodologies presented
  • Provides new critical values for panel unit root tests and panel cointegration tests when the data are spatially dependent
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eBook 83,29 €
price for Spain (gross)
  • ISBN 978-3-030-03614-0
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 103,99 €
price for Spain (gross)
  • ISBN 978-3-030-03613-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

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.

 

About the authors

Michael Beenstock is the Pinchas Sapir Professor of Economics at the Hebrew University of Jerusalem. He received his Ph.D. from the London School of Economics and Political Science, and was a professor at City University, London from 1981-87. He is a Fellow of the Centre for Economic Policy Research, London. His research interests include  applied econometrics,  spatial econometrics, world economics, the Israeli economy, energy economics, immigrant absorption, hosung markets and  economic inequality.

 Daniel Felsenstein is a Professor and Chair of the Department of Geography at the Hebrew University of Jerusalem. His fields of interest are economic geography, regional science and spatial econometrics.  His research relates to  regional disparities, landuse-transportation modeling, urban resilience and local housing markets.. 

 

Table of contents (10 chapters)

Table of contents (10 chapters)

Buy this book

eBook 83,29 €
price for Spain (gross)
  • ISBN 978-3-030-03614-0
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 103,99 €
price for Spain (gross)
  • ISBN 978-3-030-03613-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
The Econometric Analysis of Non-Stationary Spatial Panel Data
Authors
Series Title
Advances in Spatial Science
Copyright
2019
Publisher
Springer International Publishing
Copyright Holder
Springer Nature Switzerland AG
eBook ISBN
978-3-030-03614-0
DOI
10.1007/978-3-030-03614-0
Hardcover ISBN
978-3-030-03613-3
Series ISSN
1430-9602
Edition Number
1
Number of Pages
IX, 275
Number of Illustrations
5 b/w illustrations, 40 illustrations in colour
Topics