Artikel

The biggest myth in spatial econometrics

There is near universal agreement that estimates and inferences from spatial regression models are sensitive to particular specifications used for the spatial weight structure in these models. We find little theoretical basis for this commonly held belief, if estimates and inferences are based on the true partial derivatives for a well-specified spatial regression model. We conclude that this myth may have arisen from past applied work that incorrectly interpreted the model coefficients as if they were partial derivatives, or from use of misspecified models.

Sprache
Englisch

Erschienen in
Journal: Econometrics ; ISSN: 2225-1146 ; Volume: 2 ; Year: 2014 ; Issue: 4 ; Pages: 217-249 ; Basel: MDPI

Klassifikation
Wirtschaft
Methodological Issues: General
Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
Thema
indirect effects
spatial regression estimates
sensitivity to spatial weights

Ereignis
Geistige Schöpfung
(wer)
LeSage, James P.
Pace, R. Kelley
Ereignis
Veröffentlichung
(wer)
MDPI
(wo)
Basel
(wann)
2014

DOI
doi:10.3390/econometrics2040217
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • LeSage, James P.
  • Pace, R. Kelley
  • MDPI

Entstanden

  • 2014

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