On Tue, 25 Jun 2002, Anil Rupasingha wrote:
> I have a question on the estimates of an spatial error model (SEM). The
> parameters in the OLS with the presence of spatial dependence in the error
> term will still be unbiased but inefficient. Does this mean that
> parameters of the SEM model
I have a question on the estimates of
an spatial error model (SEM). The parameters in the OLS with the
presence of spatial dependence in the error term will still be unbiased
but inefficient. Does this mean that parameters of the SEM model
and the OLS should be numerically identical? Or is this