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Bazzaz, Najah Hawar Saeed
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Economics, Econometrics & Finance

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Measuring the Impact of Dollarization on Economic Growth in Ecuador Using the ARDL Autoregressive Model for the Period (1970-2021) Bazzaz, Najah Hawar Saeed; Ahmed, Salam Anwar
International Journal on Economics, Finance and Sustainable Development (IJEFSD) Vol. 5 No. 6 (2023): International Journal on Economics, Finance and Sustainable Development (IJEFSD
Publisher : Research Parks Publishers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31149/ijefsd.v5i6.4478

Abstract

The research aimed to know the impact of the policy of rotation on economic growth in Ecuador during the period (1970-2021) by adopting the autoregressive distributed lagi(ARDL) model. The independent variables in the model were dollarization, trade openness, investment, inflation, and net transfers from abroad. Like the dependent variable, economic growth is per capita GDP. One of the research's most notable conclusions is that dollarization had no appreciable effects on Ecuador's economic development, either in the short or long term, and the investment variable was the most influential in economic growth.
Co-Authors Ahmed, Salam Anwar