Center for Policy Research
Working Paper
Prediction in a Generalized Spatial Panel Data Model with Serial Correlation
Badi H. Baltagi & Long Liu
C.P.R. Working Paper No. 188
January 2016
Abstract
This paper considers the generalized spatial panel data model with serial correlation proposed by Lee and Yu (2012) which encompasses a lot of the spatial panel data models considered in the literature, and derives the best linear unbiased predictor (BLUP) for that model. This in turn provides valuable BLUP for several spatial panel models as special cases.