La apertura comercial y su incidencia en el crecimiento económico: Un análisis para América Latina y el Caribe durante el periodo 1990-2020
Greater economic growth reflects the quality of life of people and the country; therefore, it is important to maintain policies to generate higher rates of it, however, in the case of Latin America, the health crisis of (COVID-19) produced an economic and social contraction which generated a drop in...
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Format: | bachelorThesis |
Język: | spa |
Wydane: |
2023
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Hasła przedmiotowe: | |
Dostęp online: | https://dspace.unl.edu.ec/jspui/handle/123456789/26236 |
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Streszczenie: | Greater economic growth reflects the quality of life of people and the country; therefore, it is important to maintain policies to generate higher rates of it, however, in the case of Latin America, the health crisis of (COVID-19) produced an economic and social contraction which generated a drop in the growth rate of 9.1%. In this sense, the general objective of the research is to determine the effect of trade liberalization on the economic growth of Latin America and the Caribbean during the period 1990-2020. For this, data were collected from World Development Indicators of the (World Bank [WB], 2020) and (Pen World Tables [PWT], 2021). A Generalized Least Squares (GLS) model, the Pedroni (1999) cointegration test, and the Dimietry and Hurlin (2012) causality test were used as an econometric process. This, in turn, allowed obtaining the results that indicate that there is a negative relationship between trade openness and economic growth; and, those who positively affect growth is the gross formation of fixed capital and human capital. With the results obtained, it is recommended that the State should encourage through public policies the promotion of new productive activities, incorporating in turn investment in infrastructure, machinery and technology, thereby having a balance in the trade balance. |
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