Characterization and importance of the agricultural sector in the Ecuadorian economy

Abstract

In recent years, agriculture has become the backbone of the Ecuadorian economy, playing a crucial role in the country's economic growth. As stated, this study aims to examine the impact of agricultural exports on Ecuador's economic growth during the period 1990-2021. The methodology used is based on an inductive reasoning under an empirical-analytical approach, a model of Autoregressive Vectors (VAR) was generated in order to analyze the existence of a causal relationship between the variables analyzed. The results allowed to demonstrate the non-existence of a causal relationship between the study variables, indicating that agricultural exports do not cause the economic growth of the country or vice versa.