A Spatial Modelling Framework for Income Estimation
Stamatis Kalogirou and
Thomas Hatzichristos
Spatial Economic Analysis, 2007, vol. 2, issue 3, 297-316
Abstract:
Abstract The main aim of this paper is to provide a spatial modelling framework for income estimation through the application of a contemporary spatial analysis technique. The application refers to the modelling of mean recorded household income in the area covered by the postcodes of the municipality of Athens in 2001. The main findings suggest that there is a very strong relationship between the proportion of people with a postgraduate qualification (namely, a Master's degree or PhD) and mean household income. Furthermore, there is evidence that this relationship is not stationary across space. This finding allows a better understanding as well as modelling of the main determinants of income in Athens.
Keywords: Income modelling; spatial statistics; geographically weighted regression; C31; R2 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:taf:specan:v:2:y:2007:i:3:p:297-316
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DOI: 10.1080/17421770701576921
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