Lima, Elcyon Caiado Rocha; Macedo, Paulo Brígido Rocha - Instituto de Pesquisa Econômica Aplicada (IPEA), … - 2015
Spatial dependence results from the existence of spillover effects such as the impact of the price of one housing unit on the price of its adjacent neighbors. One way to account for spatial dependence is to specify spatial lag models in which a spatially lagged variable is assumed to play a role...