Impacto de la balanza comercial en el crecimiento económico del Ecuador

Abstract

The purpose of this article is to analyze the relationship between the balance of trade and Ecuadorian economic growth from 2008 to 2023, and their influence on the economic development. This study is a quantitative approach and analyzes historical data sourced primarily from the Central Bank of Ecuador and the World Bank databases. The Cobb-Douglas model was applied, and the econometric model was run using the EViews software. Preliminary results show that the balance of trade, gross fixed capital formation, and economically active population have had a significant impact on Ecuador's economic performance during the period. Analyzed.