Explaining the regional economic heterogeneity in Ecuador
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Date
2015
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Abstract
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.
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Keywords
Regional economy, Economic convergence, Heterogeneity