1. PRODUCTIVIDAD LABORAL DEL SECTOR DE SERVICIOS Y CRECIMIENTO ECONÓMICO EN ECUADOR.
- Author
-
Cueva-Rodríguez, Lucía and de Jesús Jácome-Estrella, Hugo
- Subjects
- *
SERVICE industries , *LABOR productivity , *ECONOMIC expansion , *GROSS domestic product , *ECONOMIC impact , *ECONOMETRICS , *COINTEGRATION - Abstract
This article analyzes the relationship between the services sector and Ecuadorian economic growth using cointegration and causality econometric techniques from 1990-2018. The results indicate that services as a whole, particularly trade and transportation, positively impact economic growth in the long run. However, in the short term, services as a whole have a negative effect, which may be explained by the continuous deterioration of their productivity. Meanwhile, there is a causality effect ranging from trade to economic growth, and from GDP per capita to services as a whole and transportation. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF