Table 6.
Results of the spatial regression model: p-values are shown in brackets
| Estimation | Ols | Spatial Lag | Spatial error |
|---|---|---|---|
| Constant | 0.2456 (0.0001) | −0.0032 (0.7749) | 0.2086 (0.0012) |
| R2 | 0.2076 (0.0001) | 0.3768* | 0.3815* |
| Log likelihood | −1862.73 | −1557.02 | −1555.6 |
| Akaike Inf. criterion | 3733.46 | 3124.04 | 3119.13 |
| Schwarz criterion | 3757.1 | 3302.54 | 3142.78 |
| Likelihood ratio test | * | 670.77 (0.0001) | 614.30 (0.0001) |
| LM lag | * | 3038.82 (0.0001) | * |
| Robust LM lag | * | 201.44 (0.0001) | * |
| LM error | * | * | 3925.63 (0.0001) |
| Robust LM error | * | * | 1088.25 (0.0001) |
| Breusch-Pagan test | 209.13 (0.0001) | 139.68 (0.0001) | 120.19 (0.0001) |
*Not available.