The Simultaneous Spatial Autoregressive Model and Its Application in the Housing and Pharmaceutical Markets

The Simultaneous Spatial Autoregressive Model and Its Application in the Housing and Pharmaceutical Markets PDF Author: Yan Bao
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Languages : en
Pages : 135

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Book Description
Abstract: My research focuses on the extension of the spatial autoregressive (SAR) model into a system of simultaneous equations. The resulting new model is useful in studying problems involving multiple networks where individuals are not only linked to members of the same network but also interact with members of the other networks. The behavior of each individual is affected by the behavior of those to whom he is linked. The magnitude of such effects, which are referred to as spatial effects, depends on the strength of the links.