Cross Sectional Dependence in Spatial Econometric Models
Author: Stefan Klotz
Publisher: LIT Verlag Münster
Published: 2004
Total Pages: 212
ISBN-13: 9783825879181
DOWNLOAD EBOOKThis book is concerned with spatial dependence in econometric models, offering a work of reference to the applied researcher. In economics, spatial aspects are usually somewhat disregarded, which - as is shown and quantified here - may seriously impair research results. It presents the basic tool kit of treating cross sectional dependence, which typically occurs between spatial observations. The methods are introduced as straightforward enhancement of standard econometric models and methods, placing emphasis on the practical aspects of their features.