This paper shows the process of changing Simultaneous Spatial panel data dynamic Equations (SSPDD) into a high order model, which is then, parameterized in the high order model using the General method of Moment (GMM). The estimation steps start by forming the reduced form equation, and then form the instrumental Variable (IV) vector which is used to form the moment matrix gnt (θ). This moment matrix is used to calculate the estimated value of the model parameters. In this paper, the results of parameter estimation have not been tested with data or simulations so that it is recommended to do further testing using simulation data.
|IOP Conference Series: Earth and Environmental Science
|Published - 9 Apr 2019
|1st International Conference on Environmental Geography and Geography Education, ICEGE 2018 - Jember, East Java, Indonesia
Duration: 17 Nov 2018 → 18 Nov 2018