Relationship between logistics investment and trade in Ecuador: an econometric analysis of cointegration
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Abstract
The transportation and communications have established itself as a strategic factor for improving logistics in Ecuador, especially in the face of geographic and structural constraints that affect its international competitiveness. This study aims to analyze the impact of direct investment in these sectors on Ecuadorian trade. To this end, an econometric approach based on the Johansen cointegration test, and the Error Correction Model (ECM) were applied, using annual time series between 2000 and 2022. The results show a positive and significant long-term relationship between logistics investments and the country's trade performance. Communications have a greater relative impact than transportation. It is concluded that strengthening logistics infrastructure, especially in information technology, is key to enhancing trade competitiveness and guiding efficient public policies.
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