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- Title
Deriving the W-matrix via p-median complete correlation analysis of residuals.
- Authors
Mur, Jesús; Paelinck, Jean
- Abstract
Most W-matrices are built on the basis of some metric or distance measure; this paper proposes correlation coefficients as a measure of proximity. The method is applied to the case of Belgium regional data and a small Monte Carlo confirms its utility.
- Subjects
BELGIUM; ECONOMETRICS; PROXIMITY matrices; STATISTICAL correlation; MEASUREMENT of distances; MONTE Carlo method; SPATIAL analysis (Statistics)
- Publication
Annals of Regional Science, 2011, Vol 47, Issue 2, p253
- ISSN
0570-1864
- Publication type
Article
- DOI
10.1007/s00168-010-0379-3