Impacto del volumen crediticio de la banca pública y privada en el Producto Interno Bruto del sector de la construcción del Ecuador, periodo 2012 - 2022

Abstract

This research analyzes the impact of loans granted by public and private banks on the GDP of the construction sector considering the constant decline in GDP of this sector since 2015. The construction sector stands out as one of the most influential in the economy, especially due to government contributions in the construction of public infrastructure. Among the main industries that contribute to GDP is the construction sector, but in recent years it has been affected, mainly by Covid, the same one that contracted the world economy. Given the important contribution of the construction sector to the national GDP, it is essential to analyze the influence of credits from this sector. Be clear if it contributes positively or negatively to the GDP of the sector. The objective of this study is to examine the behavior of the GDP of the construction sector during the period between 2012 - 2022 and to identify the external factors that have affected its growth in recent years. The methodology used in this study is based on the Cobb-Douglas approach. The results of this study reveal that the credits granted do not have a significant impact on the construction GDP for Ecuador, through the models it has been shown that the credits granted by private banks do not play a significant role in the Gross Domestic Product (GDP) of said sector.