Maximum likelihood estimation
Document Type
Article
Publication Date
1-1-2014
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
First Page
1553
Last Page
1569
Recommended Citation
Pace, R. (2014). Maximum likelihood estimation. Handbook of Regional Science, 1553-1569. https://doi.org/10.1007/978-3-642-23430-9_88
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