Spatial Measurement of Regional Capacity in China Based on Static and Dynamic Spatial Panel Econometric Model

Abstract Spatial econometrics came into being in the 1970s. The reputation of spatial econometrics has become more and more popular after that. It attracted many scholars at home and abroad. After years of research, space metrology has gradually matured. Compared with traditional econometrics, spatial econometrics uses spatial correlation to combine some seemingly independent individuals to build a spatial model to help researchers carry out detailed data analysis through a certain relationship. In this paper, it summarizes the theory of spatial econometrics and the differences between spatial econometrics and traditional econometrics. Then, an economic model is established by using spatial econometrics to study the regional production capacity of China based on the static and dynamic spatial panel.