We propose a two-stage MRQAP to analyze dynamic network data, within the framework of an equilibrium-correction (EC) model. Extensive simulation results indicate practical relevance of our method and its improvement over standard OLS. An empirical illustration additionally shows that the EC model yields interpretable parameters, in contrast to an unrestricted dynamic model.

, , , ,
, , ,
Journal of Mathematical Sociology
Erasmus School of Economics

Dekker, R., Franses, P. H., & Krackhardt, D. (2003). An equilibrium-correction model for dynamic network data. Journal of Mathematical Sociology, 193–215. Retrieved from http://hdl.handle.net/1765/13536