Spillover effects of public capital stock: A case study for Ecuador
This research examines the spatial spillovers of public capital on gross value added across 216 cantons in continental Ecuador. The investigation is conducted within the framework of Spatial Econometrics, utilizing various model specifications and spatial weight matrices, complemented by a Cobb Dou...
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| Format: | Article |
| Language: | English |
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ERSA
2025-01-01
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| Series: | REGION |
| Online Access: | https://openjournals.wu.ac.at/ojs/index.php/region/article/view/521 |
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| _version_ | 1832584070952910848 |
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| author | Roberto Zurita Víctor Morales-Oñate |
| author_facet | Roberto Zurita Víctor Morales-Oñate |
| author_sort | Roberto Zurita |
| collection | DOAJ |
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This research examines the spatial spillovers of public capital on gross value added across 216 cantons in continental Ecuador. The investigation is conducted within the framework of Spatial Econometrics, utilizing various model specifications and spatial weight matrices, complemented by a Cobb Douglas-type model that incorporates spatial dependence. The findings highlight a positive spatial impact of the public capital stock, with approximately 30% of the overall effect attributed to the indirect component. This underscores the importance of considering spatial structure when assessing the effects of capital on gross value added. Consequently, the study extends its exploration to derive column and row effects, aimed at identifying the most influential cantons within the neighborhoods established by the spatial structure.
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| format | Article |
| id | doaj-art-6bdac8ea064c4adda0a0fea22ec95fd4 |
| institution | Kabale University |
| issn | 2409-5370 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | ERSA |
| record_format | Article |
| series | REGION |
| spelling | doaj-art-6bdac8ea064c4adda0a0fea22ec95fd42025-01-27T17:25:59ZengERSAREGION2409-53702025-01-0112110.18335/region.v12i1.521Spillover effects of public capital stock: A case study for EcuadorRoberto Zurita0Víctor Morales-Oñate1Universidad San Francisco de QuitoUniversidad de las Américas This research examines the spatial spillovers of public capital on gross value added across 216 cantons in continental Ecuador. The investigation is conducted within the framework of Spatial Econometrics, utilizing various model specifications and spatial weight matrices, complemented by a Cobb Douglas-type model that incorporates spatial dependence. The findings highlight a positive spatial impact of the public capital stock, with approximately 30% of the overall effect attributed to the indirect component. This underscores the importance of considering spatial structure when assessing the effects of capital on gross value added. Consequently, the study extends its exploration to derive column and row effects, aimed at identifying the most influential cantons within the neighborhoods established by the spatial structure. https://openjournals.wu.ac.at/ojs/index.php/region/article/view/521 |
| spellingShingle | Roberto Zurita Víctor Morales-Oñate Spillover effects of public capital stock: A case study for Ecuador REGION |
| title | Spillover effects of public capital stock: A case study for Ecuador |
| title_full | Spillover effects of public capital stock: A case study for Ecuador |
| title_fullStr | Spillover effects of public capital stock: A case study for Ecuador |
| title_full_unstemmed | Spillover effects of public capital stock: A case study for Ecuador |
| title_short | Spillover effects of public capital stock: A case study for Ecuador |
| title_sort | spillover effects of public capital stock a case study for ecuador |
| url | https://openjournals.wu.ac.at/ojs/index.php/region/article/view/521 |
| work_keys_str_mv | AT robertozurita spillovereffectsofpubliccapitalstockacasestudyforecuador AT victormoralesonate spillovereffectsofpubliccapitalstockacasestudyforecuador |