284 - Demonstrate how spatially lagged, trend surface, or dummy spatial variables can be used to create the spatial component variables missing in a standard regression analysis

Demonstrate how spatially lagged, trend surface, or dummy spatial variables can be used to create the spatial component variables missing in a standard regression analysis

Concepts

  • [AM9-1] Principles of spatial econometrics
    Spatial econometrics uses spatial stochastic models to determine autocorrelation between interacting agents. The techniques involved are regression, the use of a spatial weights matrix, least squares, etc.