Remittances Review

ISSN:2059-6588 | e-ISSN: 2059-6596

ISSN:2059-6588 | e-ISSN: 2059-6596

Analysis of the Relationship between Productive Matrix Diversification and Employment in Ecuador during the Period 2010- 2022

Authors:
Daniela Fransheska Barragan Vasquez , Vizcarra Armijos Charles Paúl, MsC , León Monar Patricia de Lourdes, MsC , Sandra Elizabeth Vargas Rodríguez
Keywords
Development, Ecuador, employment, strategies, productive matrix ,

Abstract

The Ecuadorian productive structure has been characterized by being little diversified, with a high concentration in the production of primary goods and low value-added incorporation. Therefore, the change in the productive matrix represents a challenge and an opportunity for the Ecuadorian economy, which will allow job creation and the country's development. The applied methodology was a systematic review with a qualitative, descriptive, and narrative approach, also using the PRISMA method, which enabled a systematic review of all the studies and progress made regarding the productive matrix. The results highlight that strategies have been developed to bring about a change in the productive matrix, one of which is a shift towards a knowledge-based economy that can create new job opportunities in sectors such as biotechnology, information technology, and renewable energy. It can also promote entrepreneurship and innovation in Ecuador, tapping into the potential of tourism as a job and income generator, especially for the youth.