Spatial Microeconometrics [book]

Giuseppe Arbia, Giuseppe Espa, Diego Giuliani
2021
Spatial Microeconometrics introduces the reader to the basic concepts of spatial statistics, spatial econometrics and the spatial behavior of economic agents at the microeconomic level. Incorporating useful examples and presenting real data and datasets on real firms, the book takes the reader through the key topics in a systematic way. The book outlines the specificities of data that represent a set of interacting individuals with respect to traditional econometrics that treat their locational
more » ... choices as exogenous and their economic behavior as independent. In particular, the authors address the consequences of neglecting such important sources of information on statistical inference and how to improve the model predictive performances. The book presents the theory, clarifies the concepts and instructs the readers on how to perform their own analyses, describing in detail the codes which are necessary when using the statistical language R. The book is written by leading figures in the field and is completely up to date with the very latest research. It will be invaluable for graduate students and researchers in economic geography, regional science, spatial econometrics, spatial statistics and urban economics. All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers. Trademark notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe. British Library Cataloguing-in-Publication Data A catalogue record for this book is available from the British Library Library of Congress Cataloging-in-Publication Data A catalog record has been requested for this book ISBN: 978-1-138-83374-6 (hbk) ISBN: 978-1-138-83375-3 (pbk) ISBN: 978-1-315-73527-6 (ebk) Typeset in Galliard by codeMantra G.A. To Pietro, my first grandson G.E. To the memory of my father, Salvatore D.G. To Serena Contents Foreword xiii LU NG -F E I L E E 5.5.2.1 Likelihood procedures for random effect models 80 5.5.2.2 Likelihood procedures for fixed effect models 82 5.5.3 The generalized method of moments approach 83 5.5.3.1 Generalized method of moments procedures for random effects models 84 5.5.3.2 Generalized method of moments procedures for fixed effects models 85 5.6 A glance at further approaches in spatial panel data modeling 85 Contents ix PART III Modeling the spatial locational choices of economic agents 91 6 Preliminary definitions and concepts in point pattern analysis 93 6.1 Spatial point patterns of economic agents 93 6.2 The hypothesis of complete spatial randomness 94 6.3 Spatial point processes 95 6.3.
doi:10.4324/9781315735276 fatcat:vwjdsfencvbdrc5wu732w5v45y