A spatial latent class model

Jiyon Lee

Economics Letters, 2018, vol. 162, issue C, 62-68

Abstract: This paper applies the latent class approach to underlying spatial dynamic models. Spatial weights are assumed to be time-varying, although the class membership of each unit is fixed over time. The class-specific parameters and class memberships are estimated with EM algorithm. The performance of the proposed model with a finite sample is examined using Monte Carlo simulation.

Keywords: Spatial dynamic model; Latent class model; Time-varying spatial weights; EM algorithm (search for similar items in EconPapers)
JEL-codes: C13 C23 C25 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:162:y:2018:i:c:p:62-68

DOI: 10.1016/j.econlet.2017.10.004

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