Syllabus

Title
5554 Spatial Econometrics
Instructors
Roberto Basile, Ph.D., Univ.Prof. Dr. Jesus Crespo Cuaresma
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
02/11/16 to 02/18/16
Registration via LPIS
Notes to the course
Dates
Day Date Time Room
Monday 09/19/16 03:00 PM - 06:00 PM D4.0.144
Tuesday 09/20/16 09:00 AM - 01:00 PM D4.0.144
Tuesday 09/20/16 03:00 PM - 06:00 PM D4.0.144
Wednesday 09/21/16 09:00 AM - 01:00 PM D4.0.144
Wednesday 09/21/16 03:00 PM - 06:00 PM D4.0.144
Thursday 09/22/16 09:00 AM - 01:00 PM D4.0.144
Contents

Spatial statistics and econometrics include techniques and methods to model spatial data taking into account interaction (spatial spillover) effects and spatial heterogeneity. It is an active and fast growing area of research, spurred by the increasing availability of spatial data, i.e. geo-referenced data. These techniques, many of which are still in their early development, use different analytic approaches and are applied in fields as different as economics, sociology, epidemiology and geology.

This course aims at getting acquaintance with the techniques of spatial statistics and econometrics, along with the main issues posed by the statistical treatment of geo-referenced data and by the construction and estimation of spatial econometric models.


Learning outcomes

Students participating in the course will gain an up-to-date and accessible overview of the relevant theory as well as exposure to empirical applications of spatial econometric models in economics. All lectures will share a strongly applied component, showing empirical examples and providing statistical software (R) to analyze real-world cases.

Teaching/learning method(s)
The course is composed by a series of lectures on Spatial Econometrics.
Assessment
TBA
Readings
1 Author: Le Sage J, Pace K
Title:

Introduction to Spatial Econometrics


Publisher: Boca Raton: Taylor and Francis
Year: 2009
Type: Book
2 Author: Anselin L.
Title:

Spatial Externalities, Spatial Multipliers and Spatial


Publisher: Econometrics International Regional Science Review, 26, 153-166
Year: 2003
Type: Journal
3 Author: Elhorst, P.
Title:

Spatial Econometrics: From Cross-sectional Data to Spatial Panels


Publisher: Springer, London
Year: 2014
Type: Book
4 Author: Basile, R., M. Durbán, R. Mínguez, J. M. Montero, and J. Mur
Title:

Modeling regional economic dynamics: Spatial dependence, spatial heterogeneity and nonlinearities


Publisher: Journal of Economic Dynamics and Control, 48, 229 – 245
Year: 2014
Type: Journal
5 Author: Crespo Cuaresma, J., Doppelhofer, G., Feldkircher, M.
Title:

The Determinants of Economic Growth in European Regions.


Publisher: Regional studies, Vol. 48, Nr. 1, pp. 44-67
Year: 2014
Type: Journal
6 Author: Crespo Cuaresma, J., Feldkircher, M.
Title:

Spatial Filtering, Model Uncertainty and the Speed of Income Convergence in Europe.


Publisher: Journal of Applied Econometrics , Vol. 28, Issue 4, pp. 720-741
Year: 2013
Type: Journal
Recommended previous knowledge and skills

Install the complete version of R on your laptop (suggestion: RStudio).

Knowledge required: statistics, econometrics, notions of regional economics


Availability of lecturer(s)

Roberto Basile (Department of Economics, Second University of Naples, Capua, Italy, roberto.basile@unina2.it)

Jesús Crespo Cuaresma (Department of Economics, Vienna University of Economics and Business, Vienna, Austria, jcrespo@wu.ac.at)


Other

Unit details
Unit Date Contents
1 19.09.2016

Introduction to spatial eonometrics        

- Motivating examples

- Notions of spatial statistics


2 20.09.2016

Modeling spatial dependence                    

- Models for cross-sectional data (Specification, Interpretation, Estimation techniques; Diagnostics)


3 21.09.2016

Modeling spatial dependence and spatial heterogeneity        

- Models for spatial panel data (Static and dynamic models)

- Models for large spatial panel data (Common effects vs. spatial dependence)

Modeling spatial dependence, spatial heterogeneity and nonlinearities                    

- Spatio-Temporal Autoregressive Semiparametric Model for the analysis of regional economic data


4 22.09.2016

Model uncertainty and spatial econometrics    

- Bayesian Model Averaging (BMA)

- Spatial filtering and BMA


Last edited: 2016-07-19



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