Estimation of Bayesian spatial models.
bsreg is available on CRAN. The development version can be installed from GitHub.
install.packages("bsreg")
devtools::install_github("nk027/bsreg")# 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)Nikolas Kuschnig (2021). Bayesian spatial econometrics and the need for software. Working Paper, DOI: 10.13140/RG.2.2.11269.68328.
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