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Academo (Asunción)
On-line version ISSN 2414-8938
Abstract
VERA ZARATE, Rocío Alejandra and CABRAL LOPEZ, María Antonella. Non-traditional exports of food sector and economic growth of Paraguay (2011-2020). Acad. (Asunción) [online]. 2024, vol.11, n.3, pp.242-253. ISSN 2414-8938. https://doi.org/10.30545/academo.2024.set-dic.3.
A country's exports are key to its economy. The objective of this research is to investigate the contribution of non-traditional exports to the economic growth of Paraguay through the case of the food sector, during the period 2011-2020. For this purpose, a bibliographical-documentary methodological design was proposed, in which an econometric model was used that linked the Gross Domestic Product with traditional and non-traditional exports of the food sector together with other variables, to verify its effects. Among the main results, it is worth noting the positive effect of non-traditional exports on the growth of the economy and its potential to diversify the country's export basket.
JEL Classification: F41, F43.
Keywords : Non-traditional exports; economic growth; Paraguay.