Crecimiento económico, política fiscal y deuda pública en Ecuador.

Abstract

The current economic situation of the Ecuadorian economy is of particular interest due to the constant economic fluctuations that it has undergone during the analysis period 2007-2017. The fiscal policies used by the government of the moment, during this period have represented decisive factors for the economic system. For this reason, it is very important to analyze the instruments (variables) of fiscal and monetary policy that the government has used throughout the study period 2007-2017 to establish the influence they exert on Ecuador's economic growth. As well as determining, what has been the best fiscal policy mechanism used to face the current situation of the economy and the effectiveness that it has had since its application. For the estimation, a Multiple Linear Regression Model was used including representative variables of the fiscal and monetary policy in Ecuador, based on the Keynesian theory. Taking as results that the instruments of fiscal policy have been the mechanisms mostly used for the stabilization and dynamism of the Ecuadorian economy, especially before the imbalances caused by the external and internal shocks that Ecuador has gone through.