Análisis de la producción cacaotera y su impacto económico en la provincia de El Oro, Ecuador 2002 -2020.

Abstract

Cocoa production in El Oro has participation in the country's economy, there are two types of cocoa that are the most used as is the fine cocoa Aroma and CCN-51, however, Ecuadorian cocoa has good acceptance in European, Asian and North American countries, these countries import this product because of its quality. The objective of this work is to interpret the analysis of cocoa production and its economic impact in the province of El Oro, Ecuador 2002-2020, through the creation of an Ordinary Least Squares econometric model, which was developed using historical information from the public agricultural information system and the Central Bank of Ecuador. Through the estimation of this model it is intended to analyze which variables are the ones that act as the best model to know which determinants influence cocoa production in the province of El Oro. The result was a coefficient of determination of 0.8553, which means that 85.53% of the time, the production in El Oro is explained by the independent variables, together with the application of the White test and multicollinearity tests, the validity of the model and the significance of the variables was supported. As a result, the yield per hectare increases, since the higher the production, the better the cocoa yield. The harvested area increases, so the higher the production, the higher the harvested area of cocoa.