Determinants of Total Factor Productivity in Ecuador / Determinantes da produtividade total do fator no Equador
DOI:
https://doi.org/10.34140/bjbv3n5-029Palavras-chave:
Equador, crescimento econômico, produtividade total dos fatores, petróleo.Resumo
Este artigo analisa o crescimento econômico do Equador no período 1950–2014. O estudo enfoca principalmente a produtividade total dos fatores (PTF) e propõe uma função não linear que permite à PTF depender de um conjunto de variáveis explicativas consideradas na literatura relevantes para explicar o crescimento econômico. Variáveis específicas para o caso equatoriano também estão incluídas. São encontradas fortes evidências empíricas que apóiam os efeitos positivos do capital humano e da infraestrutura pública na PTF. Os resultados sugerem que as receitas do petróleo não têm efeito direto sobre a PTF. Além disso, alguns períodos importantes parecem ter causado mudanças estruturais na PTF. Os resultados são robustos a diferentes especificações e métodos de estimativa.
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