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Spatial Econometric Issues for Bio-Economic and Land-Use Modelling

Garth John Holloway (), Donald Lacombe and James P. LeSage ()

Journal of Agricultural Economics, 2007, vol. 58, issue 3, pages 549-588

Abstract: We survey the literature on spatial bio-economic and land-use modelling and assess its thematic development. Unobserved site-specific heterogeneity is a feature of almost all the surveyed works, and this feature, it seems, has stimulated significant methodological innovation. In an attempt to improve the suitability with which the prototype incorporates heterogeneity, we consider modelling alternatives and extensions. We discuss solutions and conjecture others. Copyright 2007 The Agricultural Economics Society.

Date: 2007

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Handle: RePEc:bla:jageco:v:58:y:2007:i:3:p:549-588