ANÁLISIS DE LOS FACTORES DETERMINANTES DEL CRECIMIENTO ECONÓMICO DEL ECUADOR, MEDIANTE UN MODELO ENDÓGENO, PERÍODO 1980-2016
The economic growth of Ecuador in recent years has been marked by innumerable problems such as: armed conflicts, political instability, volatility of oil prices, as well as the financial crisis experienced in the late 1990s, among others. As a consequence of the crisis experienced at that time, the...
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| Format: | bachelorThesis |
| Jezik: | spa |
| Izdano: |
2019
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| Online dostop: | http://dspace.unl.edu.ec/jspui/handle/123456789/21745 |
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| Izvleček: | The economic growth of Ecuador in recent years has been marked by innumerable problems such as: armed conflicts, political instability, volatility of oil prices, as well as the financial crisis experienced in the late 1990s, among others. As a consequence of the crisis experienced at that time, the Ecuadorian government decided to dollarize the national economy at the beginning of the year 2000 in order to strengthen, guide the economic development of the country and stabilize macroeconomic situations, being that in recent years Ecuador has managed to stabilize its economy with emphasis on the sectors that achieve a favorable growth in the national economy, which is why in the present work it was carried out considering variables such as: human capital, physical capital, public expenditure and trade in order to give general objective response: Analyze the determinants of Ecuador's economic growth through an endogenous model, period 1980-2016, through a descriptive-econometric study with the purpose of indicating the incidence among the study variables. The scope of the research was Ecuador. The scientific method was applied with its expressions or modalities: inductive, deductive, analytical, synthetic and statistical. Bibliographic techniques were: bibliographic, statistical and econometric, having applied a model for the latter, which allowed to establish the correlation of the variables: Gross domestic product and human capital, physical capital, trade and public expenditure. Secondary information was taken from the World Bank (WB) database. The results showed that before a 1% increase in the literacy rate, GDP increases by 0.02%, an increase in physical capital and trade leads to an increase in Ecuador's economic growth of 0.50% and 0%, 01% respectively, the variables: human capital, physical capital and trade accounted for 94% of the growth of Ecuador, which existed long and short term equilibrium between the variables and there was no Granger causality among the variables taken in the model. |
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