ANÁLISIS DE LA INVERSIÓN EXTRANJERA DIRECTA DE CHINA EN LA RAMA ECONÓMICA DE EXPLOTACIÓN DE MINAS Y CANTERAS (SECTOR MINERÍA) EN EL ECUADOR. PERÍODO “2008-2015”

Abstract

This research analyzes the impact of China 's Foreign Direct Investment in Ecuador' s mining and quarrying economic activity during the period 2008-2015. Its development combines a mixed methodology based on qualitative and quantitative studies that allowed to have an econometric model duly evaluated and corrected. The selected variables in their development are economic and social, allowing a broad view on the impacts of FDI in Ecuador. The results show that China's FDI is required to boost the sector, to the extent that it has allowed to boost productivity and GDP growth. For its demonstration the inflation and the active rate indicators were taken which indirectly benefit other sectors. In addition, the decreasing trend of unemployment and the growing expenditure on education make it possible to indicate that they are aligned with the provisions of the National Government in the National Plan for Good Living. However, the fate of FDI also makes it possible to determine the existence of a concentrated growth model, strictly dependent on international prices for products such as oil, gold and other minerals. This situation is accompanied by a poor development of the secondary and tertiary sector that leaves the country vulnerable to trends caused by external factors that cannot be controlled. That is, although FDI drives this sector, it also generates an economic dependence on it, which has not allowed for a better development of the economy