A BAYESIAN ESTIMATION METHOD FOR THE FUNCTIONAL SPATIAL ERROR MODEL
Keywords:
functional linear models, spatial dependence, Bayesian estimation, MCMC algorithms.DOI:
https://doi.org/10.17654/0972086324006Abstract
In this paper, we propose a Bayesian estimation method for the functional spatial error model. The Bayesian MCMC technique is used for the estimation of the parameters of the model. A simulation study is conducted for evaluating the performance of the proposed model. As an illustration, the proposed methodology is used to establish a relationship between unemployment and illiteracy in Senegal.
Received: August 21, 2023
Accepted: October 10, 2023
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