Análisis de los índices norteamericanos de la bolsa de valores y su relación con la economía ecuatoriana.

Abstract

The main objective of this research is to analyze the North American indexes of the stock exchange and its relationship with the Ecuadorian economy through the traditional exports to determine the impact of one on the other. The idea of this project comes in order that exporters can have new tools or alternatives that allow them to have a more complete picture when making an investment. The object studied is traditional exports (cocoa, coffee, tuna and bananas), because these have a great impact on the Ecuadorian economy contributing with a significant percentage to the Gross Domestic Product. On the other hand, the US stock exchange is one of the main axes of international negotiation, which allows to know the trajectory or behavior of a market, taking into account that the United States is one of the main destinations of these exports. The behavior of traditional exports and the selected stock indexes during a period from January 2000 to May 2019 was studied, of which a return was obtained, which was used for correlational analysis to determine whether these variables were related to each other. By contrasting the data it was possible to determine that there is a positive correlation between the two variables, being able to highlight the cocoa index (Dow Jones) as a variable with a higher incidence in GDP and shrimp as a variable with little relevance as a stock index for GDP.