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Relación entre la reducción de las tarifas globales a la importación y el crecimiento económico: Un enfoque empírico

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Scopus citations

Abstract

The purpose of this research was to empirically determine whether the reduction of global import tariffs (GIT) influenced the economic growth of Peru for the period 1980-2022. To this end, an econometric model was constructed to analyze the relationship between GIT (represented by the average nominal tariff) and economic growth (represented by per capita GDP). The sample consisted of 43 observations on an annual basis. The study adopted a quantitative approach, was ex post facto, non-experimental, and longitudinal in design. The estimations revealed that a 1% reduction in GIT can increase per capita GDP by 14.7%. Additionally, the study identified other explanatory variables of economic growth, such as terms of trade, final government consumption, GDP of Peru's major trading partners: the United States, China, European Union and Mercosur.

Translated title of the contributionRelationship between the reduction of global import tariffs and economic growth: An empirical approach
Original languageSpanish
Title of host publicationProceedings of the 22nd LACCEI International Multi-Conference for Engineering, Education and Technology
Subtitle of host publicationSustainable Engineering for a Diverse, Equitable, and Inclusive Future at the Service of Education, Research, and Industry for a Society 5.0., LACCEI 2024
PublisherLatin American and Caribbean Consortium of Engineering Institutions
ISBN (Electronic)9786289520781
DOIs
StatePublished - 1 Jan 2024
Event22nd LACCEI International Multi-Conference for Engineering, Education and Technology, LACCEI 2024 - Hybrid, San Jose, Costa Rica
Duration: 17 Jul 202419 Jul 2024

Publication series

NameProceedings of the LACCEI international Multi-conference for Engineering, Education and Technology
ISSN (Electronic)2414-6390

Conference

Conference22nd LACCEI International Multi-Conference for Engineering, Education and Technology, LACCEI 2024
Country/TerritoryCosta Rica
CityHybrid, San Jose
Period17/07/2419/07/24

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

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