Showing 151 - 160 of 17,144
Various two stage least squares procedures have been suggested for the estimation of the autoregressive parameter in the spatial autoregressive model of order one. These procedures are computationally convenient and so their use is "tempting". In this paper we show that these procedures are, in...
Persistent link: https://www.econbiz.de/10005582238
Cross sectional spatial models frequently contain a spatial lag of the dependent variable as a regressor, or a disturbance term which is spatially autoregressive. In this paper we describe a computationally simple procedure for estimating cross sectional models which contain both of these...
Persistent link: https://www.econbiz.de/10005582241
This paper develops a dynamic, behavioral model with an explicit spatial structure to explore the co-evolutionary dynamics between infrastructure supply and vehicle demand. Vehicles and fueling infrastructure are complementarities and their chicken-egg dynamics are fundamental to the emergence...
Persistent link: https://www.econbiz.de/10005587508
The purpose of this article is to propose and highlight a statistical estimation procedure for joint identification of irregularities in population distribution in urban areas having a directional dimension, and the estimation of the parameters of the model's separate regimes. The method we...
Persistent link: https://www.econbiz.de/10005166560
In this paper we explore spatial effects in a hedonic price function framework for a large sample of apartments in Moscow. We find strong evidence of both spatial lag and spatial autocorrelation. Our results are robust across both the spatial model specifications and the choice of the spatial...
Persistent link: https://www.econbiz.de/10005396221
We develop a unidimensional spatial model of two party competition in which parties are better informed than voters about the bliss point of voters. The announced positions of the two parties serve as signals to the voters concerning the parties' private information. Surprisingly, in all...
Persistent link: https://www.econbiz.de/10005310431
Persistent link: https://www.econbiz.de/10005371291
In this paper we address the following questions: (i) To what extent is the hypothesis that voters vote sincerely testable or falsifiable? And (ii) in environments where the hypothesis is falsifiable, to what extent is the observed behavior of voters consistent with sincere voting? We show that...
Persistent link: https://www.econbiz.de/10005150192
In this paper we address the following question: To what extent is the hypothesis that voters vote “ideologically” (i.e., they always vote for the candidate who is ideologically “closest” to them) testable or falsifiable? We show that using data only on how individuals vote in a single...
Persistent link: https://www.econbiz.de/10005150223
When modeling discriminatory trade policies -- such as targeted embargoes, selective quotas, targeted export or import subsidies, or preferential trading agreements -- failure to explicitly include assumptions about arbitraging behavior may yield to misleading results. Quadratic programming...
Persistent link: https://www.econbiz.de/10004979736