Evolución del precio del barril de petróleo y su incidencia en la economía ecuatoriana, durante el periodo 2007-2021.

Abstract

The Ecuadorian economy has been under oil income for decades and the effect this has on the State. Thus, the convenience or counterproductive that a high price of a barrel of oil can be for the Ecuadorian economy is a matter of analysis, therefore the main objective of this research is to analyze the evolution of the price of a barrel of oil through correlational research to observe its impact on the Ecuadorian economy, during the period 2007-2021. Through a quantitative-deductive approach, based on a bibliographic review or document analysis, as a research technique, in addition to the correlation matrix and statistical analysis of graphs and tables, the following results are presented. The disaggregation of oil production in relation to the national economy in the last 14 years, the progressive indebtedness and increase of national reserves, as an alternative solution to this, a greater allocation of competencies and weight to decentralized, regional, provincial and municipal autonomous governments in economic, social and political issues (information gathering, transparency and control) to improve and control the management of budget and public spending from the micro to the macro level.