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Kazuhiko Kakamu |
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''Bayesian Estimation of A Distance Functional Weight Matrix Model'' |
( 2005, Vol. 3 No.57 ) |
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This paper considers the distance functional weight matrix in spatial autoregressive and spatial error models from a Bayesian point of view. We considered the Markov chain Monte Carlo methods to estimate the parameters of the models. Our approach is illustrated with simulated data set. |
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Keywords: Distance functional Weight matrix |
JEL: C1 - Econometric and Statistical Methods: General C2 - Single Equation Models; Single Variables: General |
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Manuscript Received : Dec 25 2005 | | Manuscript Accepted : Dec 27 2005 |
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