This book (2014) provides an overview of three generations of spatial econometric models: models based on cross-sectional data, static models based on spatial panels and dynamic spatial panel data models. The book not only presents different model specifications and their corresponding estimators, but also critically discusses the purposes for which these models can be used and how their results should be interpreted. Special attention is paid to the interpretation of spatial spillover effects. Several of these models are illustrated using well-known datasets. Furthermore, Matlab routines are provided with which the results reported in the book can be replicated and with which researchers can run their own empirical problems.

• First book that gives full-fledged overview of spatial panel data models.
• Bridges the gap between theoretical spatial econometricians and practitioners.
• Matlab routines are provided with which the results reported in the book can be replicated and with which researchers can run their own empirical problems.