The relationship of economic growth with exports to the equator by Kaldor's theory and Thriwal's law in the 1980-2013 period

Abstract

The paper aims to review Ecuador’s economic growth and exports from the period 1980- 2013 the main empirical studies that have been carried out to contrast the export hypothesis as an engine of economic growth. Due to the theoretical ambiguity of the arguments, it is necessary to resort to the analysis of the variables to be studied.

These are sorted according to the methodology used in them, which has been varied: from simple case analysis, through cross-section regression models, simultaneous equations and the use of production functions, to the most recent cointegration techniques; Self-regressive Vectors model (VAR); Error correction vector model (VEC). The main conclusion is the persistence of clear discrepancies in many of these studies, even when referring to similar countries, in such temporal periods and using the same techniques. This result is advisable to be cautious when using the model hypothesis in the general recommendation, for all time and country, of economic and commercial politics.