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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 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.
List of contents
PART I Introduction 1 Foundations of spatial microeconometrics modeling PART II Modeling the spatial behavior of economic agents in a given set of locations 2 Preliminary definitions and concepts; 3 Basic cross-sectional spatial linear models; 4 Non-linear spatial models; 5 Space-time models PART III Modeling the spatial locational choices of economic agents 6 Preliminary definitions and concepts in point pattern analysis; 7 Models of the spatial location of individuals; 8 Points in a heterogeneous space; 9 Space-time models PART IV Looking ahead: modeling both the spatial location choices and the spatial behavior of economic agents 10 Firm demography and survival analysis; Appendices
Summary
This book is an advanced textbook for researchers and graduate students in the fields of economic geography, regional science, spatial econometrics and urban economics. It introduces the reader to the concepts of spatial statistics, spatial econometrics and spatial behavior of economics agents at the microeconomic level.