Cointegration of exports and economic growth of Peru, period 2011-2020

Rengifo Calvanapón G.A.; Sánchez Vallejo D.A.; Wong Aitken H.G.; Llaque Fernández G.I. · Proceedings of the LACCEI international Multi-conference for Engineering, Education and Technology (2022) · DOI: 10.18687/leird2022.1.1.162

Resumen

The present research aims to determine the cointegration between exports and economic growth in Peru, period 2011-2020, non-experimental design research of explanatory scope, retrospective cross-sectional quantitative approach, the technique used was data analysis method and as a matrix instrument documentary analysis the population is composed of data obtained from the Central Reserve Bank of Peru in real terms between the years 2011-2020, reaching the following conclusion that there is cointegration of exports and economic growth of Peru, period 2011-2020, i.e. there is a long-term relationship between real exports and real gross domestic product, explained in: PBIR = 1.612794*EXPR + 454.46*@TREND + 59472.54 i.e., for every million exports, the product increases by 1.612794 million and for every year it increases by 454.46 million soles, plus an independent term of 59,472 million.

Instituciones: Universidad Privada del Norte