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Regional scientists frequently work with regression relationships involving sample data that is spatial in nature. For example, hedonic house-price regressions relate selling prices of houses located at points in space to characteristics of the homes as well as neighborhood characteristics....
Persistent link: https://www.econbiz.de/10010960051
<title>Abstract</title> Spatial filtering in various forms has become a popular way to address spatial dependence in statistical models (Griffith, 2003; Tiefelsdorf & Griffith, 2007). However, spatial filtering faces computational challenges for large <italic>n</italic> as the current method requires order of n-super-3 operations....
Persistent link: https://www.econbiz.de/10010974000
An introduction to spatial econometric models and methods is provided that discusses spatial autoregressive processes that can be used to extend conventional regression models. Estimation and interpretation of these models are illustrated with an applied example that examines the relationship...
Persistent link: https://www.econbiz.de/10011020479
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There is a great deal of literature regarding the asymptotic properties of various approaches to estimating simultaneous space-time panel models, but little attention has been paid to how the model estimates should be interpreted. The motivation for use of space-time panel models is that they...
Persistent link: https://www.econbiz.de/10010691387
These articles provide a discussion of studies presented in a session on spatial econometrics, focusing on the ability of spatial regression models to quantify the magnitude of spatial spillover impacts. Both articles presented argue that a proper modeling of spatial spillovers is required to...
Persistent link: https://www.econbiz.de/10009368769
Spatial regression methodology has been around for most of the 50 years (1961-2011) that the Southern Regional Science Association has been in existence. Cliff and Ord (1969) devised a parsimonious specification for the structure of spatial dependence among observations that could be used to...
Persistent link: https://www.econbiz.de/10010774368
Spatial contiguity relationships represent a frequently ignored source of information that is available to economists modeling cross-sections of metropolitan areas, counties, states, regions, and countries. Shown here is how contiguity relationships can be incorporated as prior information in...
Persistent link: https://www.econbiz.de/10010776060
This study applies vector autoregressive modeling techniques to examine a wage transmission hypothesis. The techniques produce a model that quantifies the magnitude and timing of intercity interdependencies in the determination of wage rates. The Granger-Sims notion of causality is used to...
Persistent link: https://www.econbiz.de/10010776128