The two tests for spatial error components are the Kelejian-Robinson (KR) test and the LM test developed by Anselin (2001). We develop a new form for the LM test which facilitates comparisons to the KR test, and show why the LM test is superior. We develop a second test in the spirit of KR which...

Hedonic pricing models use property value differentials to value changes in environmental quality. If unmeasured quality attributes of residential properties are correlated with an environmental quality measure of interest, conventional methods for estimating implicit prices will be biased....

Subsidized crop insurance may encourage conversion of native grassland to cropland. The Sodsaver provision of the 2008 farm bill could deny crop insurance on converted land in the Prairie Pothole states for 5 years. Supplemental Revenue Assistance payments, which are linked to crop insurance...

Hedonic pricing models use property value differentials to value changes in environmental quality. If unmeasured quality attributes of residential properties are correlated with an environmental quality measure of interest, conventional methods for estimating implicit prices will be biased....

Observando los patrones de desplazamiento entre el lugar de residencia y el lugar de trabajo en 1115 municipios, se realiza un análisis jerárquico de conglomerados para identificar territorios con un alto nivel de interacción económica (Territorios Funcionales). A su vez, se identifica un...

Federal programs may encourage farmers to convert native grasslands—land that has never been cultivated — to production of corn, soybeans, and other crops, leading to potential losses of Northern Plains' native grasslands. Federally subsidized crop insurance reduces risk associated...

Observando los patrones de desplazamiento entre el lugar de residencia y el lugar de trabajo en 1115 municipios, se realiza un análisis jerárquico de conglomerados para identificar territorios con un alto nivel de interacción económica (Territorios Funcionales). A su vez, se identifica un...

We empirically compare the accuracy and precision of representative Least Squares, Maximum Likelihood and Bayesian methods of estimation. Using an approach similar to the jackknife, each method is repeatedly applied to subsamples of a data set on the property market in Bogotá, Colombia to...