Looking in the author's very clear code makes 
it evident that your guess is correct. 
It is the square of the correlation between 
observed and predicted. 
Nick 
[email protected] 
Roberto Ezcurra
> I am working with "spatreg" to 
> estimate a spatial 
> lag model by maximum likelihood. In the output window appears 
> the "squared 
> corr.". I would like to know what it is. Is it maybe related 
> to the R2?
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