Análisis de la incidencia de las remesas de migrantes de la provincia del Azuay en el PIB periodo 2012-2022

Abstract

This paper analyzes the migrant re-entry ratio to the Gross Domestic Product (GDP) in the province of Azuay, Ecuador, from 2012 to 2022. As a region with a high migration rate, Azuay continuously receives remittances, which are a primary source of income for households. The paper analyzes the return of migrants and its impact on economic growth in the province of Azuay, Ecuador, from 2012 to 2022. Azuay is a region characterized by a high level of emigration and regularly receives monetary transfers, which are a fundamental source of financing for families. The findings show a notable and significant increase in remittances sent to Azuay, reflecting a strong resilience and rapid recovery after the crisis caused by COVID-19, with Cuenca standing out as the canton that receives the most. On the other hand, an upward trend was evident in the provincial VAB, although with greater instability and more marked changes throughout this period. A comparative review of the trends suggests that, while both variables experienced growth, remittances showed a more uniform and stable increase compared to the VAB. Although the VAB results from the interaction of various economic factors, this indicates that remittances could play a supporting role and, perhaps, a stabilizing factor in the province's economy