Estimation and stability analysis of the Solow model of economic growth for Peru

• Luis Francisco Laurente Blanco

  , Universidad Autónoma de Ica (UAI), Chincha Alta, Ica, Perú

  Author

  https://orcid.org/0000-0002-8531-3959 (unauthenticated)

This article evaluates the Solow model parameters for Peru in the period of international crisis and COVID-19 pandemic. The estimates use long-term models with information from the Central Bank of Peru (BCRP). The results show that the effect of capital on long-term production did not suffer significant variations during the international crisis. During COVID-19, the model parameters remained stable despite the drastic measures implemented by the Government that affected production. The policies carried out by the Government and the BCRP during the pandemic were decisive for the economic recovery.

1. Luis Francisco Laurente Blanco, , Universidad Autónoma de Ica (UAI), Chincha Alta, Ica, Perú

   Ingeniero Economista, Maestro en Informática. Profesor e Investigador de la Universidad Autónoma de
   Ica. https://orcid.org/0000-0002-8531-3959

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