TY - JOUR
T1 - Model Validation in Spatial Econometrics
T2 - A Review and Evaluation of Alternative Approaches
AU - Anselin, Luc
PY - 1988/12
Y1 - 1988/12
N2 - Formal approaches to assess the validity of spatial theoretical constructs are reviewed and evaluated with respect to their application and potential in spatial econometrics. A distinction is made between specification tests and model selection procedures. For the first, particular emphasis is on tests for residual spatial autocorrelation, tests on common factors, and tests on non-nested hypotheses. For the second, attention is focused on information-theoretic criteria, Bayesian approaches, and heuristic procedures. Also, some thoughts are presented on model validation as a multiobjective decision problem and its relevance in planning and policy analysis.
AB - Formal approaches to assess the validity of spatial theoretical constructs are reviewed and evaluated with respect to their application and potential in spatial econometrics. A distinction is made between specification tests and model selection procedures. For the first, particular emphasis is on tests for residual spatial autocorrelation, tests on common factors, and tests on non-nested hypotheses. For the second, attention is focused on information-theoretic criteria, Bayesian approaches, and heuristic procedures. Also, some thoughts are presented on model validation as a multiobjective decision problem and its relevance in planning and policy analysis.
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U2 - 10.1177/016001768801100307
DO - 10.1177/016001768801100307
M3 - Article
AN - SCOPUS:0024193647
SN - 0160-0176
VL - 11
SP - 279
EP - 316
JO - International Regional Science Review
JF - International Regional Science Review
IS - 3
ER -