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Crecimiento Económico Y Gasto Militar En El Ecuador: Un Enfoque De Cointegración Y Causalidad, 1960-2019

Author

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  • María Gabriela CUEVA-JIMÉNEZ
  • Ronny CORREA-QUEZADA
  • Ana Belén TULCANAZA-PRIETO
  • Lucía CUEVA-RODRÍGUEZ

Abstract

La presente investigación analiza la relación entre el gasto militar y crecimiento económico ecuatoriano, para el periodo 1960-2019, mediante técnicas econométricas de cointegración (pruebas de la traza, valor propio máximo, prueba de límites) y de causalidad. Las diferentes pruebas de cointegración sugieren que no existe una relación de equilibrio a largo plazo entre las variables de interés. En términos de causalidad, se encuentra una relación unidireccional desde el crecimiento económico hacia el gasto militar. No se evidencia causalidad en sentido contrario y bidireccional. This research analyzes the relationship between military spending and Ecuadorian economic growth, for the period 1960-2019, using econometric cointegration techniques (trace tests, maximum eigenvalue, limits test) and causality. The different cointegration tests suggest that there is no long-term equilibrium relationship between the variables of interest. In terms of causality, a unidirectional relationship is found from economic growth to military spending. There is no evidence of causality in the opposite and bidirectional direction.

Suggested Citation

  • María Gabriela CUEVA-JIMÉNEZ & Ronny CORREA-QUEZADA & Ana Belén TULCANAZA-PRIETO & Lucía CUEVA-RODRÍGUEZ, 2024. "Crecimiento Económico Y Gasto Militar En El Ecuador: Un Enfoque De Cointegración Y Causalidad, 1960-2019," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 24(1), pages 91-110.
    • Handle: RePEc:eaa:eerese:v:24:y2024:i:1_6
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    References listed on IDEAS

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    1. Zivot, Eric & Andrews, Donald W K, 2002. "Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis," Journal of Business & Economic Statistics, American Statistical Association, vol. 20(1), pages 25-44, January.
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    1. 54. Publications of the Euro-American Association in year 2024: Articles and ebook Chapters
      by MCG Blogs de Economía in Euro-American Association: World Development on 2024-04-01 18:21:00

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    Keywords

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    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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