El sistema cooperativo de ahorro y crédito y su relación con el desempeño económico en el Ecuador. Un análisis a nivel sectorial y empresarial

Abstract

This study aims to measure the relationship between the credit activity developed by savings and credit cooperatives and economic performance in Ecuador, from two perspectives: tosectoral and entrepreneurial level. The sectoral analysis is carried outusing annual data of 11 productive sectors for the period 2007-2014, through a panel data model. On the other hand, enterprise-level analysisis carried out through the impact evaluation methodology based on Propensity Score Matching, using information provided by the Survey of Living Conditions - Fifth Round for the period 2005-2006. The main results show a positive but not significant relationship between the expansion of credit activity of the savings and credit cooperativesand the economic performance at the sectoral level; while the entrepreneurial level analysis reveals a significant andpositive impact of credit granted by the savings and credit cooperativeson sales revenue of the beneficiary enterprises.