Economic impacts by final demand on strategic sectors for structural change in Ecuador.

The change of productive matrix proposed by the National Government is based on an endogenous economic model whose basic feature is a production function where the growth rate depends on the stock of three factors of production: physical capital, human capital and knowledge (or technical progress)....

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Detalles Bibliográficos
Autores principales: Flores Tapia, Carlos Ernesto, Flores Cevallos, Karla Lissette
Formato: Revistas
Lenguaje:Español
Publicado: Universidad de Cartagena 2017
Acceso en línea:https://revistas.unicartagena.edu.co/index.php/panoramaeconomico/article/view/2085
Descripción
Sumario:The change of productive matrix proposed by the National Government is based on an endogenous economic model whose basic feature is a production function where the growth rate depends on the stock of three factors of production: physical capital, human capital and knowledge (or technical progress). According to Jaramillo (2014), there are economic sectors prioritized by the central government to change the economic structure in order to satisfy the requirements of domestic and international markets. This research analyze the economic impacts on production and employment, by changes in the final demand of selected products in three alternatives of prioritization of strategic sectors for structural change through the input-output method, using the simulation tool developed by the Central Bank of Ecuador. The present research contributes to the improvement in the decision making related to productive public policies in Ecuador.