Incidencia del crédito de la banca pública en la industria de la construcción en el Ecuador; periodo 2000 – 2017.

Abstract

The present research has been focused in analyzing the incidence that credits from public Banks have over the development of the construction industry in Ecuador. In this research, according to Superintendence of Banking, it’s defined as public banks, BanEcuador, Banco de Desarrollo del Ecuador and Corporacion Financiera Nacional). The construction sector will be analyzed by describing some variables as: number of construction in a year, the variation of construction Price index, number of employees in the construction industry, imports of construction material and credits from public and private banks. Through official data from the Central Bank of Ecuador, INEC (Ecuadorian census bureau), BIESS, and Superintendence of Banking, the intention is to describe the dynamism of the construction industry through the years of evaluation, which value it’s given by the construction Gross Value Added. Through statistical tools, the objective is to analyze the incidence of each variable that is studied, and also its correlation between variables such as the investment in infrastructure (gross fixed capital formation), the value of imports of construction materials and the volume of credits from the national financial system. The present study determined which of the both elements of the financial system (public and private) has a stronger correlation with the development of the construction industry, and concluded that the private credits showed more correlation with the dependent variable.