Model validation in spatial econometrics

a review and evaluation of alternative approaches

L. Anselin

Research output: Contribution to journalArticle

40 Citations (Scopus)

Abstract

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. -Author

Original languageEnglish (US)
Pages (from-to)279-316
Number of pages38
JournalInternational Regional Science Review
Volume11
Issue number3
StatePublished - 1988
Externally publishedYes

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model validation
econometrics
evaluation
selection procedure
policy analysis
heuristics
autocorrelation
planning
test

ASJC Scopus subject areas

  • Environmental Science (miscellaneous)

Cite this

Model validation in spatial econometrics : a review and evaluation of alternative approaches. / Anselin, L.

In: International Regional Science Review, Vol. 11, No. 3, 1988, p. 279-316.

Research output: Contribution to journalArticle

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