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This monograph deals with spatially dependent non-stationary time series in a way accessible to both time series econometricians wanting to understand spatial econometics, and spatial econometricians lacking a grounding in time series analysis. After charting key concepts in both time series and spatial econometrics, the book discusses how the spatial connectivity matrix can be estimated using spatial panel data instead of assuming it to be exogenously fixed. This is followed by a discussion of spatial non-stationarity in spatial cross-section data, and a full exposition of non stationarity in both single and multi-equation contexts, including the estimation and simulation of spatial vector autoregression (VAR) models and spatial error correction (ECM) models. The book reviews the literature on panel unit root tests and panel cointegration tests for spatially independent data, and for data that are strongly spatially dependent. It provides for the first time critical values for panel unit root tests and panel cointegration tests when the spatial panel data are weakly or spatially dependent. The volume concludes with a discussion of incorporating strong and weak spatial dependence in non-stationary panel data models. All discussions are accompanied by empirical testing based on a spatial panel data of house prices in Israel. .

Econometrics. --- Economics, Mathematical --- Statistics --- Regional economics. --- Statistics. --- Regional/Spatial Science. --- Statistics for Business, Management, Economics, Finance, Insurance. --- Statistical analysis --- Statistical data --- Statistical methods --- Statistical science --- Mathematics --- Econometrics --- Economics --- Regional planning --- Regionalism --- Space in economics --- Spatial economics. --- Statistics . --- Spatial economics --- Regional economics --- Econometria --- Anàlisi de sèries temporals --- Anàlisi cronològic (Estadística) --- Anàlisi de sèries de temps --- Anàlisi de sèries cronològiques --- Sèries cronològiques --- Sèries temporals --- Estadística matemàtica --- Probabilitats --- Anàlisi harmònica --- Anàlisi econòmica --- Estadística econòmica --- Models economètrics --- Estadística --- Teoria econòmica --- Space in economics.

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1 2 Daniel Felsenstein and Boris A. Portnov 1 Department of Geography, Hebrew University of Jerusalem, Israel 2 Department of Natural Resources and Environmental Management, University of Haifa, Israel During the Candiot War of 1645-1669, the Ottoman Sultan Ibrahim I ordered his chief admiral to attack Malta. Fearing imminent defeat by the superior Venetian forces stationed on the island, the admiral decided to trick the sultan out of the idea. As the story goes, he placed a candle on his naval map, allowing the wax to drip on the tiny island until it was completely covered. Then he exclaimed in false surprise, “Malta Yok!” (There is no Malta!), and convinced the sultan to sail his fleet to the Island of Crete instead. Although Malta is not featured in this volume, most of the countries it covers are of “wax drip” size. Intuitively, it may be expected that everything in small countries is diminutive: distances, population, economies, and even regional inequalities. Thus, at a symposium on “The Challenge of Development” convened in Israel in 1957 to mark the inauguration of a new building for the Department of Economics at the Hebrew University of Jerusalem, the eminent US economist Simon Kuznets stated that “developed small states seem to have succeeded in spreading the fruits of economic growth more widely among their populations than the larger states at comparable levels of income per capita”.

Regional planning --- States, Small --- Economic conditions --- Regional disparities. --- Europe --- Econometric models. --- Economic geography. --- Regional planning. --- Urban planning. --- Regional economics. --- Spatial economics. --- Economics. --- Regional/Spatial Science. --- Landscape/Regional and Urban Planning. --- Economic Geography. --- Spatial economics --- Economics --- Regional economics --- Regionalism --- Space in economics --- Cities and towns --- City planning --- Civic planning --- Land use, Urban --- Model cities --- Redevelopment, Urban --- Slum clearance --- Town planning --- Urban design --- Urban development --- Urban planning --- Land use --- Planning --- Art, Municipal --- Civic improvement --- Urban policy --- Urban renewal --- Regional development --- State planning --- Human settlements --- Landscape protection --- Geography, Economic --- World economics --- Geography --- Commercial geography --- Government policy --- Management --- Council of Europe countries --- Eastern Hemisphere --- Eurasia --- Nations, Small --- Small countries --- Small nations --- Small states --- Political science --- States, Size of --- Middle powers --- Economic geography --- Geography. --- Cosmography --- Earth sciences --- World history

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Economic development -- Mathematical models. --- Job creation -- Mathematical models. --- Job vacancies -- Mathematical models. --- Labor turnover -- Mathematical models.

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Developing countries: agricultural and food problems --- Agronomy --- Firms and enterprises --- Kenya