Behavior and impact of remittances in Ecuador.

Abstract

The VAR methodology, which specializes in determining the simultaneous and temporary relationship between two or more variables, will be taken to carry out the behavior analysis and the effects of remittances in Ecuador. You can identify the equation that seeks to explain the level of remittances that Ecuador receives and the impact on investment. The VAR model is an econometric methodology that will allow to reach reliable coefficients of each of the variables included in the model in order to identify Ecuadorian reality; The model of self-regressive vectors is necessary to obtain similarity in the variables and in this way analyze the different assumptions and interpretations of the model.