Description
Bayesian Spatial Regression Models.
Description
Fit Bayesian models with a focus on the spatial econometric models.
README.md
bsreg: Bayesian Spatial Regression Models
Estimation of Bayesian spatial models.
Installation
bsreg is available on CRAN. The development version can be installed from GitHub.
install.packages("bsreg")
devtools::install_github("nk027/bsreg")
Demonstration
# Load the package
library("bsreg")
# Estimate a Bayesian linear model using cigarette demand data
x <- blm(log(sales) ~ log(price), data = cigarettes, lags = 1)
# Check convergence via trace and density plots
plot(x)
References
Nikolas Kuschnig (2021). Bayesian spatial econometrics and the need for software. Working Paper, DOI: 10.13140/RG.2.2.11269.68328.