Premium
TESTING THE SPATIAL SCALE AND THE DYNAMIC STRUCTURE IN REGIONAL MODELS (A CONTRIBUTION TO SPATIAL ECONOMETRIC SPECIFICATION ANALYSIS) *
Author(s) -
Blommestein Hans,
Nijkamp Peter
Publication year - 1986
Publication title -
journal of regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.171
H-Index - 79
eISSN - 1467-9787
pISSN - 0022-4146
DOI - 10.1111/j.1467-9787.1986.tb00328.x
Subject(s) - econometric model , econometrics , specification , spatial econometrics , computer science , scale (ratio) , economics , geography , cartography
This article addresses the problem of specification uncertainty in modeling spatial economic theories in stochastic form. It is ascertained that the traditional approach to spatial econometric modeling does not adequately deal with the type and extent of specification uncertainty commonly encountered in spatial economic analyses. Two alternative spatial econometric modeling procedures proposed in the literature are reviewed and shown to be suitable for analyzing systematically two sources of specification uncertainty, viz., the level of aggregation and the spatio‐temporal dynamic structure in multiregional econometric models. The usefulness of one of these specification procedures is illustrated by the construction of a simple multiregional model for The Netherlands.