Convergencia del ingreso: una aplicación al Tratado de Libre Comercio Ecuador — Estados Unidos

This document presents a dynamic simulation model whose study period is 36 years. Said model shows how in a context of trade opening -like the Free Trade Agreement between Ecuador and the United States- the per capita income of a developing economy can reach or even exceed the per capita income of a...

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Bibliografiske detaljer
Hovedforfatter: Marcillo Chasy, Jennifer (author)
Andre forfattere: Reyes Mendoza, Ileana (author)
Format: article
Sprog:spa
Udgivet: 2004
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Online adgang:https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/247
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Summary:This document presents a dynamic simulation model whose study period is 36 years. Said model shows how in a context of trade opening -like the Free Trade Agreement between Ecuador and the United States- the per capita income of a developing economy can reach or even exceed the per capita income of a developed economy. The study emphasizes that there may be convergence in income as long as there is a greater accumulation of human capital in the developing economy, along with an adequate period of tariff reduction.