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Spatial Econometric Issues for Bio-Economic and Land-Use Modeling

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Author Info

  • Holloway, Garth J.
  • Lacombe, Donald J.
  • LeSage, James P.

Abstract

We survey the literature on spatial bio-economic and land-use modelling and review thematic developments. Unobserved site-specific heterogeneity is common in almost all of the surveyed works. Heterogeneity appears also to be a significant catalyst engendering significant methodological innovation. To better equip prototypes to adequately incorporate heterogeneity, we consider a smorgasbord of extensions. We highlight some problems arising with their application; provide Bayesian solutions to some; and conjecture solutions for others.

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File URL: http://purl.umn.edu/25525
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Bibliographic Info

Paper provided by International Association of Agricultural Economists in its series 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia with number 25525.

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Date of creation: 2006
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Handle: RePEc:ags:iaae06:25525

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Web page: http://www.iaae-agecon.org/
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Related research

Keywords: spatial econometrics; bio-economic and land-use modelling; Bayesian solution; Land Economics/Use;

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References

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Citations

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Cited by:
  1. Mueller, Julie M. & Loomis, John B., 2008. "Spatial Dependence in Hedonic Property Models: Do Different Corrections For Spatial Dependence Result in Economically Significant Differences in Estimated Implicit Prices?," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 33(2), August.
  2. Michael Brady & Elena Irwin, 2011. "Accounting for Spatial Effects in Economic Models of Land Use: Recent Developments and Challenges Ahead," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 48(3), pages 487-509, March.
  3. Andersson, Hans & Hoffmann, Ruben, 2008. "Spatial Competition and Farm Tourism - A Hedonic Pricing Model," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6156, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  4. Breustedt, Gunnar & Habermann, Hendrik, 2008. "Determinants of agricultural cash rents in Germany: A spatial econometric analysis for farm-level data," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44462, European Association of Agricultural Economists.
  5. Waltert, Fabian & Schläpfer, Felix, 2010. "Landscape amenities and local development: A review of migration, regional economic and hedonic pricing studies," Ecological Economics, Elsevier, vol. 70(2), pages 141-152, December.

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