A simple closed-form relation between spatial weight matrices with different scalings
Document Type
Article
Publication Date
10-1-2021
Abstract
Spatial econometric models rely on the weight matrix W to specify dependence. However, formation of W involves scalings of rows and columns. We provide a closed-form for the similarity in results between the common eigenvalue and row-stochastic scalings.
Publication Source (Journal or Book title)
Economics Letters
Recommended Citation
Pace, R., & LeSage, J. (2021). A simple closed-form relation between spatial weight matrices with different scalings. Economics Letters, 207 https://doi.org/10.1016/j.econlet.2021.110026
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