Significancia de la ayuda oficial al desarrollo otorgada por la OCDE en la economía ecuatoriana periodo 2009-2021

Abstract

This article examined the relevance of Official Development Assistance (ODA) provided by the OECD in the economic growth of Ecuador between 2009 and 2021. Given the lack of prior literature on this topic in the Ecuadorian context, the aim was to establish the importance of such assistance in the country's economic development. A quantitative methodology was employed, based on a Cobb-Douglas econometric model, to analyze the interaction between Ecuador's GDP and variables such as gross capital formation, external debt, expenditure on human capital, exports, and inflation. The results indicated that none of these variables had a statistically significant effect on GDP, suggesting that OECD ODA did not have a significant impact on the Ecuadorian economy during the study period. This underscores the need to reassess the effectiveness of OECD development cooperation in Ecuador, and to explore other factors such as investment, borrowing, education, foreign trade, and inflation, which could play a crucial role in the country's economic growth.