Spatial and Spatiotemporal Econometrics

J. P. Lesage (u. a.)

ISBN 10: 0762311487 / ISBN 13: 9780762311484

Published by Jai Press Inc., 2004

About this Item

Spatial and Spatiotemporal Econometrics | J. P. Lesage (u. a.) | Buch | Gebunden | Englisch | 2004 | Jai Press Inc. | EAN 9780762311484 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu Print on Demand.

Seller Inventory # 127357781

Bibliographic Details

• Title: Spatial and Spatiotemporal Econometrics
• Publisher: Jai Press Inc.
• Publication Date: 2004
• Language: English
• ISBN 10: 0762311487
• ISBN 13: 9780762311484
• Binding: Buch
• Condition: Neu
• Dimensions: 231W x 154H x 23D millimeters 231 millimeters width by 154 millimeters height by 23 millimeters depth
• Weight: 623 grams
• Seller catalogs:
  • Bücher

About this title

Synopsis

This volume focuses on econometric models that confront estimation and inference issues occurring when sample data exhibit spatial or spatiotemporal dependence. This can arise when decisions or transactions of economic agents are related to the behaviour of nearby agents. Dependence of one observation on neighbouring observations violates the typical assumption of independence made in regression analysis. Contributions to this volume by leading experts in the field of spatial econometrics provide details regarding estimation and inference based on a variety of econometric methods including, maximum likelihood, Bayesian and hierarchical Bayes, instrumental variables, generalized method of moments, maximum entropy, non-parametric and spatiotemporal. An overview of spatial econometric models and methods is provided that places contributions to this volume in the context of existing literature. New methods for estimation and inference are introduced in this volume and Monte Carlo comparisons of existing methods are described. In addition to topics involving estimation and inference, approaches to model comparison and selection are set forth along with new tests for spatial dependence and functional form. These methods are applied to a variety of economic problems including: hedonic real estate pricing, agricultural harvests and disaster payments, voting behaviour, identification of edge cities, and regional labour markets. The volume is supported by a web site containing data sets and software to implement many of the methods described by contributors to this volume.

Review

Ten papers consider alternative spatial and spatiotemporal econometric models and estimation methods.
Journal of Economic Literature, 2005.