Explaining the regional ec onomic heterogeneity in Ecuador

• Main Authors: Rodrigo MENDIETA MUÑOZ, Monica RĂILEANU-SZELES, Pablo BELTRÁN ROMERO, Juan Andrés PIEDRA PEÑA
• Format: Article
• Language: English
• Published: Transilvania University Press 2015-12-01
• Series: Bulletin of the Transilvania University of Brasov. Series V : Economic Sciences
• Subjects: economic convergence; regional economy; heterogeneity
• Online Access: http://webbut.unitbv.ro/Bulletin/Series%20V/BILETIN%20I/47_Munoz.pdf

This paper aims to present the economic heterogeneity of Ecuador’s regions using a descriptive analysis, and also to explain its main causes and implications. In comparison to the European Union, Ecuador exhibits a much higher degree of economic heterogeneity within regions and provinces. We relate this pattern to the dynamics of the economic structure, and we also highlight the progress done by now in enhancing regional convergence in Ecuador. The implications of the regional economic heterogeneity are important for the design of effective governmental policies.