SAS' Ghohui Wu shows you how to construct spatial weights matrices based on contiguity and distance measures, then shows how PROC CSPATIALREG automates spatial regression model selection.
SAS' Ghohui Wu shows you how to construct spatial weights matrices based on contiguity and distance measures, then shows how PROC CSPATIALREG automates spatial regression model selection.
Note from Udo Sglavo: In our peace of mind blog series, we documented areas of analytics that are either evolving or not necessarily in the standard toolset of data scientists. We looked at causal modeling, network analytics, and econometrics, to name a few. With this blog post, we would like
A previous post, Spatial econometric modeling using PROC SPATIALREG, introduced the SAS/ETS® SPATIALREG procedure and demonstrated its usage to fit both linear and SAR models by using 2013 county-level home value data in North Carolina. In most analysis for spatial econometrics, you rarely know the true model from which your data