Contribución de los factores productivos y productividad total factorial en el crecimiento de ecuador (1990-2019).

Abstract

This article aims to describe the contributions provided by the productive factors: labor and capital and the Total Factor Productivity (TFP) to the growth observed in the Ecuadorian economy in the period 1990-2019. The methodology used to prepare it is accounting for economic growth through factor decomposition of the economy. As the main result, it was obtained that the main sources of the growth rate in the analyzed period are: 31% to work, 68% to capital and 1% to TFP. This fact allows us to appreciate that Ecuador needs to increase its productivity levels to accelerate economic growth, both at the aggregate level and in per capita terms, therefore it must move to a context in which the effort is focused on how to increase access to better technologies or how to be more efficient simply with the available factors.