HOW RELIABLE ARE THE GEOGRAPHICAL SPATIAL WEIGHTS MATRICES?

Autor: Davide Fiaschi, Angela Parenti
Rok vydání: 2014
Předmět:
Zdroj: Région et Développement. 40:53-68
Popis: This paper shows how it is possible to estimate the interconnections between regions by a connectedness matrix recently proposed by Diebold and Yilmaz (2014), and discusses how the connectedness matrix is strictly related to the spatial weights matrix used in spatial econometrics. An empirical appli-cation using growth rate volatility of per capita GDP of 199 European NUTS2 regions (EU15) over the period 1981-2008 illustrates how our estimated connectedness matrix is not compatible with the most popular geographical weights matrices used in literature.
Databáze: OpenAIRE