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¿Cuál matriz de pesos espaciales?. Un enfoque sobre selección de modelos
[Which spatial weighting matrix? An approach for model selection]

Author

Listed:
  • Herrera Gómez, Marcos
  • Mur Lacambra, Jesús
  • Ruiz Marín, Manuel

Abstract

In spatial econometrics, it is customary to specify a weighting matrix, the so-called W matrix. The decision is important because the choice of W matrix determines the rest of the analysis. However, the procedure is not well defined and, usually, reflects the priors of the user. In the paper, we revise the literature looking for criteria to help with this problem. Also, a new nonparametric procedure is introduced. Our proposal is based on a measure of the information, conditional entropy, that uses information present in the data. We compare these alternatives by means of a Monte Carlo experiment.

Suggested Citation

  • Herrera Gómez, Marcos & Mur Lacambra, Jesús & Ruiz Marín, Manuel, 2011. "¿Cuál matriz de pesos espaciales?. Un enfoque sobre selección de modelos
    [Which spatial weighting matrix? An approach for model selection]
    ," MPRA Paper 37585, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:37585
    as

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    File URL: https://mpra.ub.uni-muenchen.de/37585/1/MPRA_paper_37585.pdf
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    References listed on IDEAS

    as
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    5. Luisa Corrado & Bernard Fingleton, 2012. "Where Is The Economics In Spatial Econometrics?," Journal of Regional Science, Wiley Blackwell, vol. 52(2), pages 210-239, May.
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    More about this item

    Keywords

    Econometría espacial; Selección de modelos; Entropía simbólica;

    JEL classification:

    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics

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