Bernard Fingleton

Dynamic Spatial Econometrics Models. A Critical Review

  • Abstract

Informations and abstract

Keywords: spatial econometrics, spatial panel modelling, regional economics. JEL classification: C01, C21, R10.

This paper takes a constructively critical view of spatial econometrics, focussing on the advantages of a dynamic spatial panel modelling approach. The paper acknowledges that various criticisms have been made of spatial econometrics, and shows how the model approach adopted provides a response to some of these. As an example the efficacy of dynamic spatial panel modelling, simulations highlight fundamental contrasts between prospective employment levels in different regions of the European Union.

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