BIROn - Birkbeck Institutional Research Online

    Spatial panel data analysis with feasible GLS techniques: an application to the Chinese real exchange rate

    Hall, S.G. and Guo, Qian (2012) Spatial panel data analysis with feasible GLS techniques: an application to the Chinese real exchange rate. Economic Modelling 29 (1), pp. 41-47. ISSN 0264-9993.

    [img] Text
    5664.pdf - Published Version
    Restricted to Repository staff only

    Download (775kB) | Request a copy

    Abstract

    Recent panel data approaches stress the importance of the location interdependence. Little has been done in the Balassa–Samuelson literature accounting for spatial dependence in the panel data context that allows for spatial autocorrelation. By utilising the recently developed Kapoor et al. (2007) spatial panel feasible GLS methods, we find that the Balassa–Samuelson effect in the Chinese economy during 1985 until 2000 generally does not appear to hold. However, the black market exchange rate tends to be more compatible with the theory.

    Metadata

    Item Type: Article
    Keyword(s) / Subject(s): Panel data, Spatial econometrics, Error component, Real exchange rate
    School: Birkbeck Schools and Departments > School of Business, Economics & Informatics > Management
    Depositing User: Administrator
    Date Deposited: 12 Nov 2012 14:02
    Last Modified: 11 Oct 2016 12:01
    URI: http://eprints.bbk.ac.uk/id/eprint/5664

    Statistics

    Downloads
    Activity Overview
    0Downloads
    103Hits

    Additional statistics are available via IRStats2.

    Archive Staff Only (login required)

    Edit/View Item Edit/View Item