Maximum Likelihood Estimation
Document Type
Article
Publication Date
1-1-2021
Abstract
Maximum likelihood estimation has been the standard method employed for estimating spatial econometric models. This chapter introduces these methods, examines the specific case of a spatial error model, and provides an example based on a large data set. In addition, the chapter sets forth various solutions to the computational difficulties that arise for large data sets.
Publication Source (Journal or Book title)
Handbook of Regional Science Second and Extended Edition with 238 Figures and 78 Tables
First Page
2055
Last Page
2071
Recommended Citation
Pace, R. (2021). Maximum Likelihood Estimation. Handbook of Regional Science Second and Extended Edition with 238 Figures and 78 Tables, 2055-2071. https://doi.org/10.1007/978-3-662-60723-7_88