Azomahou, Theophile: Semiparametric Estimation of Models with Spatially Dependent Unbalanced Panel Data
World Conference Econometric Society, 2000, Seattle

Theophile Azomahou, BETA, Universite Louis Pasteur
Semiparametric Estimation of Models with Spatially Dependent Unbalanced Panel Data
Session: C-10-19  Tuesday 15 August 2000  by Azomahou, Theophile
Edge effects structure is a methodological issue which may affect severely statistical inference in spatial processes. In a regression framework, when a spatial lag of the response variable is used as additional regressor, edge effects lead to mis-specification of the functional form. The resulting model contains then only part of the spatial influences. Therefore, it is revelant to have robust estimators for such mis-specification. This study provides theoretical and empirical advances on this topic.
New insights are provided on the computation of the so-called "connectivity relation". While the balanced nature of a panel allows us to consider a fixed weighting scheme over time, unbalanced samples induce time varying spatial influences. I define two patterns of spatial dependence. Observations pertaining to the same group are characterized by a within-group spatial dependence, and groups are linked via a between spatial structure. It is shown that, under some conditions, the between dependence involves a weaker weighting structure than the within dependence. The resulting weights matrix is then included in a partially linear model, with unknown functional form that is expressed in terms of spatial process. I propose a two-stage semiparametric generalized method of moments type estimation procedure based on the kernel method. First, relying on an over identified model, a best instrumental variable estimator is computed, the residuals of which are used in a second stage to construct the GMM estimator. The performance of the kernel estimator depends on the strength of the dependence between observations and requires the computation of potentially T by N(N-1) spatial covariates. A "within" version of these estimators is also suggested and their asymptotic distribution stated.
This framework is applied to a lattice sample from the French network of residential water distribution. The data represent an unbalanced panel of about a thousand households over a half year collection frequency from 1994 to 1997. Estimation results and tests clearly support the proposed approach.


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