Kelley Pace, R.; LeSage, James P.; Zhu, Shuang - In: 30th anniversary edition, (pp. 257-295). 2012
Most spatial econometrics work focuses on spatial dependence in the regressand or disturbances. However, Lesage and Pace (2009) as well as Pace and LeSage2009 showed that the bias in β from applying OLS to a regressand generated from a spatial autoregressive process was exacerbated by spatial...