https://region.wu-wien.ac.at/ojs/index.php/region/issue/feed 2025-01-27T16:58:14+00:00 Francisco Rowe F.Rowe-Gonzalez@liverpool.ac.uk Open Journal Systems <p>REGION - the journal of ERSA, powered by WU, is a peer reviewed scientific journal for the global exchange of knowledge in Regional Science, Regional Economics, Economic Geography and related areas.</p> https://region.wu-wien.ac.at/ojs/index.php/region/article/view/521 2024-12-12T14:42:44+00:00 Roberto Zurita rzurita@estud.usfq.edu.ec Víctor Morales-Oñate victor.morales@uv.cl

<p>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.</p>

2025-01-27T00:00:00+00:00 Copyright (c) 2025 Roberto Zurita, Víctor Morales-Oñate