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In spatial econometrics literature estimation and inference are carried out assuming that the matrix of spatial or network connections has uniformly bounded absolute column sums in the number of units, n, in the network. This paper relaxes this restriction and allows for one or more units to...
Persistent link: https://www.econbiz.de/10012849891
Imagine an impoverished region that becomes eligible for a generous transfer programme (the treatment). Imagine difference-in-differences analysis (DD) — a before-and-after comparison of the income-level handicap — shows that the handicap has risen. Most observers would conclude to the...
Persistent link: https://www.econbiz.de/10012871869
Several countries and regions have introduced mandatory minimum distances of wind turbines to nearby residential areas, in order to increase public acceptance of wind power. Germany’s largest federal state Bavaria introduced such separation distances of ten times the height of new wind...
Persistent link: https://www.econbiz.de/10012215098
Die verstärkte Nutzung der Windenergie an Land ist ein wesentlicher Baustein zur Erreichung der deutschen Klimaziele 2030. Neue Windparks hatten in letzter Zeit jedoch häufig mit Genehmigungsproblemen zu kämpfen, und der Zubau von Windenergieanlagen ist stark zurückgegangen. Das...
Persistent link: https://www.econbiz.de/10012153407
With the expansion of onshore wind power, countries increasingly consider the introduction of minimum distance regulations between wind turbines to nearby residential areas, to increase public acceptance. In 2014, the German federal state of Bavaria introduced a minimum distance regulation that...
Persistent link: https://www.econbiz.de/10012793225
The existing body of academic literature reveals that production, distribution, and consumption might be both consistently connected and geographically scattered. This requires assessing the spatial order of production–distribution–consumption cycle, within which exploring of spatial...
Persistent link: https://www.econbiz.de/10012311838
Recent methodological developments provide a way to incorporate the temporal dimension, when accounting for spatial effects in hedonic pricing. Weight matrices should decompose the spatial effects into two distinct components: i) bidirectional contemporaneous spatial connections; ii) and...
Persistent link: https://www.econbiz.de/10012912945
For mass appraisal in real estate, the hedonic pricing method (HPM) tends to be most commonly used by academic researchers and the comparable sales approach (CSA) is mostly preferred by professionals. This paper shows how CSA is a constrained version of a spatial autoregressive (SAR) model,...
Persistent link: https://www.econbiz.de/10012829740
Spatial unit roots can lead to spurious regression results. We present a brief overview of the methods developed in Müller and Watson (2024) to test for and correct for spatial unit roots. We also introduce a suite of Stata commands (-spur-) implementing these techniques. Our commands exactly...
Persistent link: https://www.econbiz.de/10015339072
Spatial unit roots can lead to spurious regression results. We present a brief overview of the methods developed in Müller and Watson (2024) to test for and correct for spatial unit roots. We also introduce a suite of Stata commands (-spur-) implementing these techniques. Our commands exactly...
Persistent link: https://www.econbiz.de/10015339386