"RELACIÓN ENTRE DESEMPLEO Y EL PRODUCTO INTERNO BRUTO EN EL ECUADOR EN EL PERÍODO 2006-2016 EN BASE A LA LEY DE OKUN"

Abstract

The objective of this issue consists on analyzing the relation between unemployment rate and growth domestic product in Ecuador in the period 2006-2016 according to the Okun law. The important of this study is to observe the relation between the mentioned variables described previously, due to the non-updated studies about the topic. Within the information it is taken into account a three-month established data in the period 2006-2016. The methodology will be based on the statistic method (M.C.O) applying lineal regression due to the fact that exist two variables to consider: unemployment, growth domestic product (PIB). It will be taken correlation coefficient to know how much a variable will depend on each other; finally it will be applied a T-Student statistic test to see if the issue raised is achieved. In conclusion the results obtained in the different tests verified that within the period 2006-2016 showed an inverse relation in a 69.78% between variables, that is to say an increase in the Gross Domestic Product would cause a decrease in a certain proportion in the interest rate. Additional it was possible to determine that the GDP influences a 51% in the rate of unemployment.