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A comment on 'Specification searches in spatial econometrics: the relevance of Hendry's methodology'

Abstract:

Florax et al. [Florax, R.J.G.M., Folmer, H., Rey, S.J., 2003. Specification searches in spatial econometrics: the relevance of Hendry's methodology. Regional Science and Urban Economics, 33, 557–579] undertook a simulation study designed to assess the properties of various selection strategies applied to a spatial modelling problem. Unfortunately, a serious flaw in their experimental design vitiates their main conclusions. A proposal for how to rectify the problem suggests that the opposite c...

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Publication status:
Published
Peer review status:
Peer reviewed

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Institution:
University of Oxford
Research group:
Econometrics
Oxford college:
Nuffield College
Department:
Social Sciences Division - Economics
Role:
Author
Journal:
Regional Science and Urban Economics Journal website
Volume:
36
Issue:
2
Pages:
309-312
Publication date:
2006-03-05
DOI:
ISSN:
0166-0462
URN:
uuid:4ceaba62-7b6d-4532-a537-1bdd9d577f40
Local pid:
ora:1930

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