Table 8.
LM test results.
| test method | FIR | FE |
|---|---|---|
| LM test no spatial error | 834.639*** | 842.314*** |
| Robust LM test no spatial error | 594.129*** | 603.790*** |
| LM test no spatial lag | 243.510*** | 240.995*** |
| Robust LM test no spatial lag | 3.000* | 2.47 |
Notes: z statistics in parentheses ⁎ p < 0.1, ⁎⁎ p < 0.05, ⁎⁎⁎ p < 0.01.