The Analysis and Outlook On The Theoretical System of Spatial Economitrics

Along with the key breakthroughs of spatial economics,spatial econometrics has moved from the margins to the main stream of modern econometrics.In order to comprehensive analyze the theory system of spatial econometrics,firstly,we discuss the model specification including spatial cross-section data model,spatial panel-data model and spatial dependence model for discrete variable.Secondly,we study the method of estimating parameters including ML,spatial two stage least squares and Method of moment estimator.Thirdly,we consider the specification testing methods including Moran's I and LM/RS.At last,we discuss the future trend of spatial econometrics study.