Quick Computation of Spatial Autoregressive Estimators

Kelley Pace’s Article Ranked Fourth All-Time


BATON ROUGE – Kelley Pace, director of the LSU Real Estate Research Institute and a professor of finance, recently had his article, “Quick Computation of Spatial Autoregressive Estimators,” named as Geographical Analysis’ fourth most cited article by other researchers in the Geographical Information Science category.
The article, written in 1997 and co-authored with Ronald Barry of University of Alaska, provides ways to quickly compute estimates when the dependent variable follows a spatial autoregressive process.
The article rankings were published in the Geographical Analysis review article, “Geographical Analysis: Its First 40 Years” in January 2013. Evaluating the 809 articles published by Geographical Analysis in the last 40 years, the review article highlights prominent articles published that contributed to the four themes of urban and economic geography, transportation geography, spatial statistics and geographical information science.
The abstract and full 1997 article can be found at http://onlinelibrary.wiley.com/doi/10.1111/j.1538-4632.2012.00861.x/abstract.
The Real Estate Research Institute at LSU’s E. J. Ourso College of Business was established in 1985 to encourage, support and conduct research in real estate. Along with the Baton Rouge Association of Realtors, RERI hosts the annual Trends in Baton Rouge Real Estate event, which draws upwards of 500 attendees. For more information, visit www.business.lsu.edu/reri or call 225-578-6238.
The Department of Finance is a Chartered Financial Analyst, or CFA, Program Partner and a Certified Financial Planner, or CFP, Board-Registered Program that offers high quality curricula to undergraduate and graduate students interested in careers in corporate finance, asset management, real estate, insurance, banking, financial planning and business law. The department boasts internationally renowned research faculty in several areas, including derivatives, asset management, banking and spatial econometrics. The department’s Securities Markets Analysis Research & Trading Lab boasts the Bloomberg Professional service, the platform used by more than 300,000 leading business and financial professionals worldwide to make informed business decisions, and an extensive library of financial data bases including the Wharton WRDS System. Additionally, the department encourages, supports and conducts research in real estate by housing the nationally renowned Real Estate Research Institute.
For more information, visit www.business.lsu.edu/finance or call 225-578-6291.

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