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Effect of the Real Wage on the Basic Family Basket in Ecuador

2024 , Vayas Ortega, Germania , Morales-Urrutia X. , Haro D.L. , Chancay D.

The effect of real wages on the basic family basket in Ecuador is a crucial issue in understanding households’ economic well-being. The real wage, which considers inflation and purchasing power, directly affects the ability of families to purchase essential goods and services. Analysis of this relationship provides insight into families’ challenges in meeting their basic needs and the potential implications for poverty and inequality in Ecuador. The study's objective is to analyze the purchasing power of the Ecuadorian population through data on real wages and basket costs from 2000 to 2021. The data analyzed comes from the Central Bank and INEC databases. The results indicate a sustained increase in the basic basket throughout the 2000–2021 period, which shows an increase in the prices of goods and services throughout the country. © The Author(s), under exclusive license to Springer Nature Switzerland AG 2024.

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Human Capital and Per Capita Income in Ecuador

2024 , Vayas Ortega, Germania , Morales-Urrutia X. , Mesias J.P.M. , Yucsin K.

Human capital and per capita income are crucial in Ecuador’s economic development. Human capital, represented by the population’s education, health, and skills, directly influences the productivity and economic growth of the country. In turn, per capita income reflects citizens’ average income level and ability to access goods and services. The data analyzed comes from the World Bank database from 2000 to 2020. The main results indicate significant improvements in human capital due to various education and training strategies that different governments have applied. © The Author(s), under exclusive license to Springer Nature Switzerland AG 2024.

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Factors for the Creation of Technological Startups in Latin America

2024 , Vayas Ortega, Germania , Morales-Urrutia X. , Naranjo-Santamaría J.

The changes produced in recent years have made innovation and technology play an important role in the growth of technological start-ups. Likewise, public policies have been developed that contribute to the development and strengthening of this business sector. The aim of the study is to analyze the incidence of institutional factors, education and innovation, in the generation of technological startups. The data analyzed comes from the Global Entrepreneurship Monitor, the Pearson Correlation statistical technique was applied. The results suggest that there is a direct relationship between the factors analyzed. In conclusion, the growth of this type of companies is still incipient in Latin American countries, however, there is significant growth of these in the region. © The Author(s), under exclusive license to Springer Nature Switzerland AG 2024.