Ingresos de la actividad petrolera y su efecto sobre la economía ecuatoriana periodo 1989 2019

Abstract

Abstract: Oil for years has been the main factor of economic growth within the Ecuadorian economy, however, since its beginnings has been affected by factors external factors such as politics or distrust in the market, reasons that have not allowed the oil activity to influence the national economy in a better way. For this reason the The intention of this degree thesis is to determine the relationship that exists between the growth Ecuadorian economic and oil activity during the period 1989 2019. It has been proposed to resolve this doubt through the application of econometric models to a sample of data, which first allows us to understand the relationship that exists and then of them apply tests that support the results, that is, that justify the model as one that is credible and can be trusted to come up with a solid answer. After all the models and verifications applied to our data sample we have been able to reach the resolution that there is indeed a positive relationship between the economic growth and oil activity during the period 1989 2019, however, As in many studies, we can determine that an economy based on exploitation of non-renewable resources is not solvent in the long term.