Impact of traditional and non-traditional exports on Peru's economic growth, 1990–2023
DOI:
https://doi.org/10.47606/ACVEN/PH0415Keywords:
Exports, economic growth, diversification, competitivenessAbstract
This study examines the impact of traditional and non-traditional exports on Peru’s economic growth over the period 1990–2023. Using annual series from the Central Reserve Bank of Peru (BCRP), the National Institute of Statistics and Informatics (INEI), and SUNAT, the analysis employs time-series models, including structural break tests and VEC/VAR specifications, to assess the dynamic relationship among variables. The study estimates elasticities, identifies differential effects according to the export basket composition, and evaluates variations across subperiods shaped by changes in Peru’s macroeconomic and trade environment. The findings indicate that export diversification exerts positive and statistically significant effects on GDP, highlighting the growing contribution of non-traditional exports to national economic performance. These results underscore the relevance of strengthening policies aimed at productive upgrading, sectoral linkages, and productivity enhancement, all of which are essential for sustaining long-term growth and reducing dependence on primary commodity exports.
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Copyright (c) 2025 Oscar Francisco Samanamud-Loyola, Freddy Eutimio Alzamora-Noreña, Lorenzo Federico Reyna-Gonzales, Marco Antonio Anton-De los Santos, Walter Rolando Zarate-Tacca, Susana Patricia Goycochea-Kcomt

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