Showing 1 - 10 of 22
We extend the literature on Bayesian model comparison for ordinary least-squares regression models to include spatial autoregressive and spatial error models. Our focus is on comparing models that consist of different matrices of explanatory variables. A Markov Chain Monte Carlo model...
Persistent link: https://www.econbiz.de/10014026858
Persistent link: https://www.econbiz.de/10003732585
Persistent link: https://www.econbiz.de/10009405626
Persistent link: https://www.econbiz.de/10003787389
Persistent link: https://www.econbiz.de/10002056634
Persistent link: https://www.econbiz.de/10002259741
Regional scientists frequently work with regression relationships involving sample data that is spatial in nature. For example, hedonic house-price regressions relate selling prices of houses located at points in space to characteristics of the homes as well as neighborhood characteristics....
Persistent link: https://www.econbiz.de/10013055891
Persistent link: https://www.econbiz.de/10010202704
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...
Persistent link: https://www.econbiz.de/10010479047
Persistent link: https://www.econbiz.de/10003754054