Determinants of inclusive economic growth in Latin America

dc.contributor.authorAngulo-Bustinza, Harold
dc.contributor.authorFlorez-Garcia, Wilmer
dc.contributor.authorCalderon-Contreras, Valentín
dc.contributor.authorPeña-Cobeñas, Dagoberto
dc.contributor.authorBarrientos-Moscoso, Madeley
dc.contributor.authorZeballos-Ponce, Valeria
dc.date.accessioned2023-07-20T16:36:05Z
dc.date.available2023-07-20T16:36:05Z
dc.date.issued2023-05-19
dc.description.abstractThe work aims to identify the determinants that influence inclusive economic growth in Latin America. The study’s methodology is quantitative with a nonexperimental design, for whose effect analysis was developed through a panel data model to identify the determinant variables of inclusive economic growth. Annual data of the main macroeconomic and social variables were used for a sample of 14 Latin American countries (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Honduras, Mexico, Panama, Paraguay, Peru, and Uruguay); the study horizon comprises 25 years, between 1995 and 2019. The following variables were found to have a direct influence on inclusive economic growth: public spending and international trade; the study also showed that inflation, unemployment, and the presence of crises have a negative impact on inclusive economic growth. Moreover, an additional public expenditure of 1% implies an increase of 0.100% in inclusive economic growth, and for each positive variation of 1% in international trade, inclusive economic growth responds with an increase of 0.144%.en_EN
dc.formatapplication/pdf
dc.identifier.citationAngulo-Bustinza, H., Florez-Garcia, W., Calderon-Contreras, V., Peña-Cobeñas, D., Barrientos-Moscoso, M., & Zeballos-Ponce, V. (2023). Determinants of inclusive economic growth in Latin America. WSEAS Transactions on Business and Economics, 20, 1059-1073. https://doi.org/10.37394/23207.2023.20.96
dc.identifier.doihttps://doi.org/10.37394/23207.2023.20.96
dc.identifier.urihttps://hdl.handle.net/20.500.12640/3487
dc.language.isoeng
dc.publisherWSEAS
dc.publisher.countryGR
dc.relation.ispartofurn:issn:1109-9526
dc.relation.ispartofurn:issn:2224-2899
dc.relation.urihttps://wseas.com/journals/bae/2023/b945107-2126.pdf
dc.rightsAttribution 4.0 International*
dc.rightsinfo:eu-repo/semantics/openAccesses_ES
dc.subjectInclusive economic growthen_EN
dc.subjectPublic spendingen_EN
dc.subjectInternational tradeen_EN
dc.subjectInflationen_EN
dc.subjectUnemploymenten_EN
dc.subjectGini indexen_EN
dc.subjectCrecimiento económico inclusivoes_ES
dc.subjectGasto públicoes_ES
dc.subjectComercio internacionales_ES
dc.subjectInflaciónes_ES
dc.subjectDesempleoes_ES
dc.subjectÍndice de Ginies_ES
dc.subject.ocdehttps://purl.org/pe-repo/ocde/ford#5.02.04
dc.titleDeterminants of inclusive economic growth in Latin Americaen_EN
dc.typeinfo:eu-repo/semantics/article
dc.type.otherArtículo
dc.type.versioninfo:eu-repo/semantics/publishedVersion
local.author.orcidhttps://orcid.org/0000-0003-2577-876X
oaire.citation.endPage1073
oaire.citation.startPage1059
oaire.citation.titleWSEAS Transactions on Business and Economics
oaire.citation.volume20
Files
Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
calderon-contreras2023.pdf
Size:
1.34 MB
Format:
Adobe Portable Document Format
Description: