Abstract

This research aims to develop an algorithm of the quasi maximum likelihood estimation method. The model used is the spatial Durbin panel model with dynamic effects for the single equation. The weighted matrix used in this study is equal for each variable This study proposes the generalized estimation equation approach and the Gauss-Newton iteration method for parameter estimation. Modeling of Foreign Direct Investment (FDI) in ASEAN countries from 2010-2017 is used for illustration. The best model selection is based on the smallest correlation information criterion (CIC) value.

Original languageEnglish
Title of host publication6th International Conference on Basic Sciences 2020, ICBS 2020
EditorsI. Wayan Sutapa, Hendry Isaac Elim, Cecilia Anna Seumahu, Hermanus Batkunde, Muh. Yahya Matdoan, Shielda Natalis Joris, Mirella Fonda Maahury
PublisherAmerican Institute of Physics Inc.
ISBN (Electronic)9780735441163
DOIs
Publication statusPublished - 28 Sept 2021
Event6th International Conference on Basic Sciences 2020, ICBS 2020 - Ambon-Maluku, Virtual, Indonesia
Duration: 4 Nov 20205 Nov 2020

Publication series

NameAIP Conference Proceedings
Volume2360
ISSN (Print)0094-243X
ISSN (Electronic)1551-7616

Conference

Conference6th International Conference on Basic Sciences 2020, ICBS 2020
Country/TerritoryIndonesia
CityAmbon-Maluku, Virtual
Period4/11/205/11/20

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