The paper introduces a spatial decomposition of the Gini coefficient that supports the detection of spatial autocorrelation conjointly with an indicator of overall inequality. An additive pairwise decomposition based on a spatial weights matrix partitions inequality between observations that are...

Hedonic models in environmental valuation studies have grown in terms of number of transactions and number of explanatory variables. We focus on the practical challenge of model reduction, when aiming for reliable parsimonious models, sensitive to omitted variable bias and multicollinearity. We...