Spatial econometrics addresses the challenges posed by spatially correlated data, enabling researchers to understand and quantify how economic phenomena in one location can influence those in ...

Econometrics is seen as a vehicle for fundamental innovations in scientific method, above all in the development of operative forecasting procedures in nonexperimental situations. On the one hand ...

Annual data for 1950 through 1984 are used to estimate a model of the aggregate motor insurance market in the United Kingdom. Because the demand for motor insurance is a derived demand, an ...