Análisis de los efectos de la productividad en los salarios y en el empleo en el Ecuador, durante el año 2021.

Abstract

Abstract: In 2021, in Ecuador, the relationship between productivity, wages, and employment was crucial due to the COVID-19 pandemic. This study employs a hypothetical-deductive methodology and statistical analysis to examine how productivity impacted wages and employment. It utilizes secondary data from the Central Bank of Ecuador and INEC, focusing on three variables: productivity, wages, and employment, evaluating their relationship through quarterly indicators. The results could be crucial for the formulation of economic and labor policies. The analysis of productivity is based on the relationship between GDP and the number of jobs, showing a decrease in productivity throughout the year, although offset by an increase in the number of jobs. The comparison with annual GDP indicates a generalized decrease. Wages, analyzed by category (independent, public, and private), exhibit a general decline, especially in the public sector. Although the employment rate increased, suggesting a rise in the number of jobs, the indirect relationship with productivity indicates a possible connection between declining productivity and reduced wages.