ISBN:
9780444595393
Content:
Structural estimation is a methodological approach in empirical economics explicitly based on economic theory, in which economic modeling, estimation, and empirical analysis are required to be internally consistent. This chapter illustrates the structural approach with three applications in urban economics: (1) discrete location choice, (2) fiscal competition and local public good provision, and (3) regional specialization. For each application, we first discuss broad methodological principles of model selection and development. Next we treat issues of identification and estimation. The final step of each discussion is how estimated structural models can be used for policy analysis.
In:
Handbook of regional and urban economics, Amsterdam, The Netherlands : North Holland, 2015, (2015), Seite 69-114, 9780444595393
In:
year:2015
In:
pages:69-114
Language:
English
DOI:
10.1016/B978-0-444-59517-1.00002-7
URL:
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