Analysis of dollarization and its effects on foreign direct investment in Ecuador. Period 2000 - 2016

Abstract

The present article focuses on the consequences of the dollarization in the ecuadorian economy and the decisions of foreign investors, the research methodology used to analyze the dollarization was done through the most important macroeconomic variables in relation to foreign direct investment, the results of the estimation of the econometric model were obtained by a multiple linear regression, estimated by the method of ordinary least squares. It is shown that dollarization, measured through the indicators: investment in electricity, consumer price index, unified basic salary, education expenditure and GDP have a direct relationship with foreign direct investment.

URL: http://revistas.uta.edu.ec/erevista/index.php/bcoyu/article/view/652