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The SAR model is widely used in spatial econometrics to model Gaussian processes on a discrete spatial lattice, but for large datasets, fitting it becomes computationally prohibitive, and hence, its usefulness can be limited. A computationally-efficient spatial model is the spatial random...
Persistent link: https://www.econbiz.de/10011297645
Using detailed data on a cohort of young Americans who were in their late twenties and early thirties in 2008, we investigate the importance of forces different from economic incentives in nest-leaving decisions. We apply recent methods from social network econometrics to identify the importance...
Persistent link: https://www.econbiz.de/10011531870
We model network formation and interactions under a unified framework by considering that individuals anticipate the effect of network structure on the utility of network interactions when choosing links. There are two advantages of this modeling approach: first, we can evaluate whether network...
Persistent link: https://www.econbiz.de/10012316718
The socioeconomic impact of spatial concentration has been receiving an increasing attention during the last two decades. Consequently, the necessity of effective measures of this phenomenon has increased too. This paper considers a population partitioned by subgroups and develops a...
Persistent link: https://www.econbiz.de/10012301102
This paper considers a partitioned population and develops a decomposition of the Gini index in two components, which measure the within and the between groups inequality. Differently from the most widespread inequality measure decompositions, having a between component that compares the means...
Persistent link: https://www.econbiz.de/10012664693
We propose a generic algorithm for numerically accurate likelihood evaluation of a broad class of spatial models characterized by a high-dimensional latent Gaussian process and non-Gaussian response variables. The class of models under consideration includes specifications for discrete choices,...
Persistent link: https://www.econbiz.de/10013036112
The content of the article is focused on the problem of spatial dependence identification, referring to the analysis of regional economic development. Economic development, as an economic category, represents a very extensive concept. Within its framework the following problems should be...
Persistent link: https://www.econbiz.de/10011997051
The analysis of sales prices and rents for agricultural land are a classical research topic in agricultural economics. Due to increased dynamic on agricultural land markets, their relationship has gained increased interest recently. The present study contributes to the literature by studying the...
Persistent link: https://www.econbiz.de/10012150137