Symbolic Analysis Applied to the Specification of Spatial Trends and Spatial Dependence

Abstract This article provides symbolic analysis tools for specifying spatial econometric models. It firstly considers testing spatial dependence in the presence of potential leading deterministic spatial components (similar to time-series tests for unit roots in the presence of temporal drift and/or time-trend) and secondly considers how to econometrically model spatial economic relations that might contain…

The impact of geographical factors on churn prediction: an application to an insurance company in Madrid’s urban area

Abstract Geography has previously been noted as a decisive factor in business literature. This paper provides evidence of the significant role geography plays in customer lapse behaviour in an urban environment. This novel approach is based on the idea that the customers who cancel all policies and leave the company are not randomly distributed; rather,…

Spatial models for online retail churn: Evidence from an online grocery delivery service in Madrid

Abstract This paper presents evidence of the significant role that geography plays in customer churn behaviour in online retail. In an urban environment, mimetic behaviours are found to affect nearby individuals. This novel approach is based on the idea that customer churn is not randomly distributed across the map. This paper analyses more than 2,000…

A Parallel Algorithm for Matheuristics: A Comparison of Optimization Solvers

Abstract Metaheuristic and exact methods are one of the most common tools to solve Mixed-Integer Optimization Problems (MIPs). Most of these problems are NP-hard problems, being intractable to obtain optimal solutions in a reasonable time when the size of the problem is huge. In this paper, a hybrid parallel optimization algorithm for matheuristics is studied….

Using non-radial DEA to assess school efficiency in a cross-country perspective: An empirical analysis of OECD countries

Abstract In this paper we use data from OECD countries participating in PISA 2012 to assess the efficiency of schools in a cross-country framework. In the analysis, and in contrast to previous applications, we consider that schools might concentrate their efforts on improving the results in one dimension of the educational output to a greater…

A Hyper-Matheuristic Approach for Solving Mixed Integer Linear Optimization Models in the context of Data Envelopment Analysis

Abstract Mixed Integer Linear Programs (MILPs) are usually NP-hard mathematical programming problems, which present difficulties to obtain optimal solutions in a reasonable time for large-scale models. Nowadays, metaheuristics are one of the potential tools for solving this type of problems in any context. In this paper, we focus our attention on MILPs in the specific…

A note on the SG(m) Test

ABSTRACT López et al. (Reg Sci Urban Econ 40(2–3):106–115, 2010) introduce a nonparametric test of spatial dependence, called SG(m). The test is claimed to be consistent and asymptotically Chi-square distributed. Elsinger (Reg Sci Urban Econ 43(5):838–840, 2013) raises doubts about the two properties. Using a particular counterexample, he shows that the asymptotic distribution of the…

Net energy analysis in a Ramsey–Hotelling growth model

Abstract: This article presents a dynamic growth model with energy as an input in the production function. The available stock of energy resources is ordered by a quality parameter based on energy accounting: the “Energy Return on Energy Invested” (EROI). In our knowledge this is the first paper where EROI fits in a neoclassical growth…

Identifying the Most Relevant Lag with Runs

ABSTRACT In this paper, we propose a nonparametric statistical tool to identify the most relevant lag in the model description of a time series. It is also shown that it can be used for model identification. The statistic is based on the number of runs, when the time series is symbolized depending on the empirical…

A permutation entropy based test for causality: The volume–stock price relation’

ABSTRACT The purpose of this paper is to propose a newly developed non-parametric test for linear and nonlinear causality based on permutation entropy and to show its usefulness in analyzing the potential causal relationship between trading volume and security prices. Most of the empirical applications and tests for causality rely on using Granger causality based…