Kelley Pace, R.; Barry, Ronald - In: Statistics & Probability Letters 33 (1997) 3, pp. 291-297
Given local spatial error dependence, one can construct sparse spatial weight matrices. As an illustration of the power of such sparse structures, we computed a simultaneous autoregression using 20 640 observations in under 19 min despite needing to compute a 20 640 by 20 640 determinant 10 times.