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A pair of municipalities may consolidate services if they are contiguous. Traditional estimation methods assume that each voting process is independent. Instead we propose a new estimation procedure that allows the probability of consolidation to be influenced by neighbouring decisions. We...
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We propose a spatial multinomial probit model to examine the determinants of land use change, at the parcel level, in the French Département du Rhones from 1992 to 2003. It is based on an economic model that assumes that landowners have a choice between four land use categories for a given...
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We show how to quickly estimate spatial probit models for large data sets using maximum likelihood. Like Beron and Vijverberg (2004), we use the GHK (Geweke-Hajivassiliou-Keene) algorithm to perform maximum simulated likelihood estimation. However, using the GHK for large sample sizes has been...
Persistent link: https://www.econbiz.de/10014175291
We show how to quickly estimate spatial probit models for large data sets using maximum likelihood. Like Beron and Vijverberg (2004), we use the GHK (Geweke-Hajivassiliou-Keane) algorithm to perform maximum simulated likelihood estimation. However, using the GHK for large sample sizes has been...
Persistent link: https://www.econbiz.de/10015365793