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Spatial Error Model

The Spatial Error Model, developed within Anselin's spatial econometrics framework (1988), is a regression model that assumes spatial dependence enters through the error term: the disturbances of neighbouring units are correlated. It is used when unobserved shared factors make the errors of nearby observations move together, and it is estimated by maximum likelihood or GMM rather than ordinary least squares.

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Spatial Error Model (SEM)

Taksonomisk metoderegister · regression-model / spatial-analysis

Anselin, L. (1988). Spatial Econometrics: Methods and Models. Kluwer Academic. · DOI 10.1007/978-94-015-7799-1

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