When fitting a generalised least squares (GLS) model to a spatial dataset, I was surprised to find how correlated the estimators for the range and nugget are. I was assuming a covariance matrix $\boldsymbol\Sigma$ with elements
$\Sigma_{ij} = \sigma^2\left(\pi I(i=j) + (1-\pi)\exp\left[-\left(\frac{d_{ij}}{r}\right)^2)\right]\right),$
with $\pi$ the nugget, r the range and $d_{ij}$ the distance between two observations. The estimators $\hat\pi$ and $\hat r$ turned out to be strongly correlated, meaning that quite different combinations $(\pi, r)$ can lead to similar covariance matrices. This makes it hard to do inference on these parameters, or improve their estimators. Is this problem then not ill-posed, and is their a better way to parametrize it or overcome this non-orthogonality?