Effect of public spending on the level of imports in Ecuador, 2000-2020.
Abstract:
English In the last decade, increasing in public spending in the Ecuadorian economy was notorious, causing different effects on all components of the aggregate supply. This research work aims to measure the effect of public spending in the non-financial sector on the behavior of total imports, taking data from the Central Bank of Ecuador in the period between the third quarter of 2000 and the second quarter of 2020. This analysis was performed using a classical linear regression model based on Ordinary Least Squares-OLS. It was determined that public spending explains the level of imports at 42.92% and in turn, imports show inelastic reactions to public spending.
Año de publicación:
2022
Keywords:
Fuente:
google
Tipo de documento:
Other
Estado:
Acceso abierto
Áreas de conocimiento:
- Política pública
Áreas temáticas:
- Economía
- Comercio internacional
- Macroeconomía y temas afines