A comment on 'Specification searches in spatial econometrics: the relevance of Hendry's methodology'
Florax et al. [Florax, R.J.G.M., Folmer, H., Rey, S.J., 2003. Specification searches in spatial econometrics: the relevance of Hendry's methodology. Regional Science and Urban Economics, 33, 557–579] undertook a simulation study designed to assess the properties of various selection strategies applied to a spatial modelling problem. Unfortunately, a serious flaw in their experimental design vitiates their main conclusions. A proposal for how to rectify the problem suggests that the opposite c...Expand abstract
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- The full-text of this article is not available in ORA at this time. Citation: Hendry, D. F. (2006). 'A comment on 'Specification searches in spatial econometrics: the relevance of Hendry's methodology', Regional Science and Urban Economics, 36(2), 309-312. [Publisher's version available at: http://dx.doi.org/10.1016/j.regsciurbeco.2005.10.001].
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