Pooled model with spatially lagged dependent variable, spatial and time period fixed effects
Dependent Variable = logcit
R-squared = 0.9772
corr-squared = 0.8615
sigma^2 = 0.0011
Nobs,Nvar,#FE = 1334, 7, 80
log-likelihood = 2623.2622
# of iterations = 1
min and max rho = -1.3924, 1.0000
total time in secs = 0.4510
time for optimiz = 0.1110
time for lndet = 0.0130
time for eigs = 0.1290
time for t-stats = 0.0080
No lndet approximation used
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Variable Coefficient Asymptot t-stat z-probability
timelag logcit 0.864568 65.041225 0.000000
spacetimelag logcit -0.015347 -0.287520 0.773714
logp -0.265979 -13.192203 0.000000
logy 0.099796 4.165387 0.000031
W*logp 0.170413 3.664979 0.000247
W*logy -0.022369 -0.868904 0.384900
W*dep.var. 0.076402 2.025253 0.042841
??? Reference to non-existent field 'varcov'.
Error in ==> demo at 33
varcov=results1.varcov;