James LeSage, Robert Kelley Pace "Introduction to Spatial Econometrics"
Chapman & Hall/CRC | English | 2009-01-20 | ISBN: 142006424X | 374 ages | PDF | 10,3 MB
Although interest in spatial regression models has surged in recent years, a comprehensive, up-to-date text on these approaches does not exist. Filling this void, Introduction to Spatial Econometrics presents a variety of regression methods used to analyze spatial data samples that violate the traditional assumption of independence between observations. It explores a wide range of alternative topics, including maximum likelihood and Bayesian estimation, various types of spatial regression specifications, and applied modeling situations involving different circumstances.
Leaders in this field, the authors clarify the often-mystifying phenomenon of simultaneous spatial dependence. By presenting new methods, they help with the interpretation of spatial regression models, especially ones that include spatial lags of the dependent variable. The authors also examine the relationship between spatiotemporal processes and long-run equilibrium states that are characterized by simultaneous spatial dependence. MATLAB® toolboxes useful for spatial econometric estimation are available on the authors’ websites.
This work covers spatial econometric modeling as well as numerous applied illustrations of the methods. It encompasses many recent advances in spatial econometric models—including some previously unpublished results.
If you have any interest in using spatial econometrics, you must pick up a copy of the new text Introduction to Spatial Econometrics by James LeSage and R. Kelley Pace. It is extremely well written for an econometrics textbook, as it is very clear and very concise. … I give this textbook my highest recommendation.
—Justin M. Ross, Indiana University, Bloomington, USA
The research community needs a text like this … The LeSage and Pace text will become a standard reference in the field and will find a welcome home on the shelf of every empirical researcher interested in spatial econometric techniques.
—Donald Lacombe, Ohio University, Athens, USA
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