The relations between foreign direct investment, government investment and unemployment (Ecuador 2003-2013)
Article Sidebar
Main Article Content
Abstract
The unemployment rate gives a relative idea of the overall economic health of a country. This paper’s aim was to explore, understand and measure the positive or negative relationship between foreign direct investment and government investment with unemployment in Ecuador. The ordinary least square regression model was used to determine if there were any relations between the variables and to measure them. The databases used for this econometric analysis were generated and published by Ecuador’s Central Bank, the Ecuadorian National Institute of Statistics (INEC) and the National Secretariat of Planning and Development (SENPLADES). The results show significant relations between government investment and unemployment. On the contrary, there is no relationship between foreign direct investment and unemployment for the Ecuadorian case.
Article Details
Authorship: The list of authors signing must include only those people who have contributed intellectually to the development of the work. Collaboration in the collection of data is not, by itself, a sufficient criterion of authorship. "Retos" declines any responsibility for possible conflicts arising from the authorship of the works that are published.
Copyright: The Salesian Polytechnic University preserves the copyrights of the published articles, and favors and allows their reuse under the Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Ecuador license. They may be copied, used, disseminated, transmitted and publicly displayed, provided that: i) the authorship and the original source of their publication (journal, editorial and work URL) are cited; (Ii) are not used for commercial purposes; Iii) mention the existence and specifications of this license.