Rafael Reyes, Wilman-Santiago Ochoa-Moreno*, Luis Rojas Ojeda, Elisa Toledo and Viviana Torres
Department of Economy, Universidad Técnica Particular de Loja, Ecuador
*Corresponding Author: Wilman-Santiago Ochoa-Moreno, Department of Economy, Universidad Técnica Particular de Loja, Ecuador.
Received: September 11, 2020; Published: September 30, 2020
In this research, the relationship between the agricultural frontier and production for Ecuador in the period 1985 - 2015 is analyzed. It begins with a review of the existing literature, then, econometric models of autoregressive vectors and error correction are used. The results show that as production rises, an increase in the agricultural frontier is generated; results that are consistent when additional covariates are added. Among the main results, it is observed that the autoregressive vector model demonstrates that the variables (production and agricultural frontier) have a long-term equilibrium relationship. Also, the error correction model indicates that as the gross domestic product increases, the agricultural frontier expands. In conclusion, the results are coherent with each other and reinforce the idea that the Ecuadorian economy in the period of the analysis is still tied to dependence on livestock products.
Keywords: Agricultural Frontier; Co-integration; Production; Ecuador
Citation: Wilman-Santiago Ochoa-Moreno., et al. “Economic Growth and Expansion of the Agricultural Frontier, Case Study: Ecuador (1985 - 2015)". Acta Scientific Agriculture 4.10 (2020): 31-41.
Copyright: © 2020 Wilman-Santiago Ochoa-Moreno., et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.