Análisis de la participación del sector manufacturero en el Ecuador en la producción mundial : una perspectiva desde la productividad real de la economía. (2005-2018).

Abstract

This study aimed to analyze the participation of Ecuador's manufacturing sector in world production in the period from 2005-2018. For its compliance, measurement tools such as the Cobb Douglas Production Function and the econometric model were used., including important international economy theories that emerged over the years. It was found that in this case the studied showed that the country's manufacturing sector is not representative in the national and international manufacture market. After using the aforementioned tools, the result was that the country presents a percentage in world production of less than 1%, while in the country it represents 6% of the total commodities exported, this being an imperceptible value when compared with the rest of the countries. But, the production function that obtained very favorable results, considering that the productive factor with the greatest contribution in the Ecuadorian manufacturing industry is the labor factor rather than the capital factor. To which it can be concluded that Ecuador could no longer only export raw material, but on the contrary, it should process products which include added value, thus becoming competitive and allowing a wider market share in the national and foreign environment.