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. Theory or the specific context of the empirical application should be the main guide for specifying a model. Especially the …
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In this paper we provide a brief overview of some of the most recent empirical research on spatial econometric models and spatial data mining. Data mining in general is the search for hidden patterns that may exist in large databases. Spatial data mining is a process to discover interesting,...
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Unlike the time series literature the spatial econometric literature has not really dealt with the issue of the parameter space. This paper shows that current parameter space concepts for spatial econometric DGPs are inadequate. It proves that the parameter space proposed by Kelejian and Prucha...
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