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Spatial filtering and eigenvector stability : Space-time model for German unemployment data

Patuelli, Roberto ; Griffith, Daniel A. ; Tiefelsdorf, Michael ; Nijkamp, Peter

Regions, independent of their geographic level of aggregation, are known to be interrelated partly due to their relative locations. Similar economic performance among regions can be attributed to proximity. Consequently, a proper understanding, and accounting, of spatial liaisons is needed in order to effectively forecast regional economic variables. Several spatial econometric techniques are...