Spatial econometrics addresses the challenges posed by spatially correlated data, enabling researchers to understand and quantify how economic phenomena in one location can influence those in ...
We investigate impact analysis and its asymptotic inference for spatial autoregressive models. We propose using the delta method, which enables us to obtain the dispersion in an explicit form. In ...
A model with first-order autoregressive errors, AR(1), has the form while an AR(2) error process has the form and so forth for higher-order processes. Note that the ...