Incidencia de la deuda externa pública en el crecimiento económico del Ecuador, período 2000-2016.

Abstract

The main objective of this research is to analyze the impact of the increase of foreign debt on economic growth in Ecuador during the period 2000 -2016, through the performance of a research work of descriptive and correlational type , with a non-experimental and longitudinal design that through the compilation of historical data from various official sources such as the World Bank, the Central Bank of Ecuador as well as statistical analysis tools deepened in the realization of an economic model with variables related to external debt and economic growth. Through a two-stage least squares estimation, an economic growth model was estimated, where a positive significance was established between the balance of the external debt and the real gross domestic product of Ecuador, evidence suggests that the country is going through a stage of sustained growth thanks to high indebtedness in recent years, but in turn the relationship is very close to being negative, which could lead to a slowdown in economic growth.