Multivariate Spatial Autoregressive Three-Stage Least Squares Fixed Effect Panel Simultaneous Models and Estimation of their Parameters

摘要

Models which describe a two-way flow of influence among dependent variables are called simultaneous equation models. Simultaneous equation models using panel data, especially for fixed effect where there are spatial autoregressive with exact solutions, still few of their development and require to be developed. This paper proposed feasible generalized least squares-three-stage least squares (FGLS-3SLS) to find all the estimators with exact solution. The proposed estimators are proved to be consistent.