Fundamentos de Econometría Espacial Aplicada [Fundamentals of Applied Spatial Econometrics]

The growing availability of Geo-referenced information needs particular econometric tools such as those developed by Spatial Econometrics. This econometric branch is dedicated to the analysis of heterogeneity and spatial dependence in regression models. In this paper, I review the most consolidated developments in the area related to the specification and interpretation of spatial dependence in cross-section and panel data. The work is completed with two classic empirical examples.