Name
Abstract | ||
|---|---|---|
Various forecasts using panel data with spatial error correlation are compared using Monte Carlo experiments. The true data generating process is assumed to be a simple error component regression model with spatial remainder disturbances of the autoregressive or moving average type. The best linear unbiased predictor is compared with other forecasts ignoring spatial correlation, or ignoring heterogeneity due to the individual effects. In addition, the root mean squared error performance of these forecasts is examined under misspecification of the spatial error process, various spatial weight matrices, and heterogeneous rather than homogeneous panel data models. |
Year | DOI | Venue |
|---|---|---|
2012 | 10.1016/j.csda.2010.08.006 | Computational Statistics & Data Analysis |
Keywords | DocType | Volume |
true data,spatial panel data,spatial error process,spatial remainder disturbance,panel data,spatial dependence,hetero- geneity.,forecasting,blup,simple error component regression,spatial correlation,various spatial weight matrix,homogeneous panel data model,spatial error correlation,error performance,heterogeneity | Journal | 56 |
Issue | ISSN | Citations |
11 | Computational Statistics and Data Analysis | 4 |
PageRank | References | Authors |
0.75 | 0 | 3 |
Name | Order | Citations | PageRank |
|---|---|---|---|
| Badi H. Baltagi | 1 | 7 | 5.35 |
| Georges Bresson | 2 | 4 | 0.75 |
| Alain Pirotte | 3 | 916 | 260.52 |