Table 9.
Spatial spillover effect regression results.
| SAR | SEM | SDM | |
|---|---|---|---|
| HC | HC | HC | |
| W*DE | 0.597*** (0.211) | ||
| DE | 0.526*** (0.005) | 0.594*** (0.091) | 0.614*** (0.165) |
| rho | 0.564*** (0.015) | 0.612*** (0.085) | |
| lambda | 0.621*** (0.169) | ||
| LR test | 13.564*** | 12.678*** | |
| Wald test | 14.635*** | 15.658*** | |
| R2 | 0.841 | 0.859 | 0.965 |
Standard errors are shown in small parentheses, *, **, and *** stand for statistical significance at the 0.1, 0.05, and 0.01 significance levels, respectively.