56 owa uld gy ield t e nof he con ent i o fi esence l

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: + W x (− λ β) + ε (3.55) 3. An omi t t ed var i abl e exi st s i n t he pr esence of spat i al dependence i n y = λW y + xβ + W xψ + ε (3.56) ˆ regressor s and di st ur bances: ( γ = 0, φ, λ > 0) t hen pl i mn → ∞ βo β + Tγ ( φ, λ ) γ , and OL S has omi t t ed var i abl es bi as ampl i fi ed by e t he SD M grandesi n ( 3.56)heo ouurduce consi sitn nheer egmat es for spat ialmodendence i n t t , pr o bances aexistet viést i r essor . Para dep el amostras: dist seja não nd e t s r s λ anssintóticoe t hestimaçãomat,cpor SDM,GP i n tda omi t t ed d si nc s model es t he D e afi r sψ,r esult nawiell- known, de d hhe second apesar hr ext ension of T he t is an t is a mino umst ances set for t h. T hese consi st ent est i mat es woul d equal t he p i onal omi t t d vari abvariável omitida. conventresença doeviés de l es case for l east -squar es. T he t hi r d r esul t sh rtucttur al t ial rdependencefin t hemodur bances gend/ mples.he r egrotssor ) in pa ameter s o the dist el in lar (a sa or in t 3 In e her ha spa fprcient ly oargei tn eestvimatbl es l(3.56) owa uld gy ield t E nβof =he conγ ent i o fi esence l f...
View Full Document

This note was uploaded on 05/01/2013 for the course ECONOMIA 001 taught by Professor Farinha during the Fall '10 term at Universidade de Lisboa.

Ask a homework question - tutors are online