Resumo

RODRIGUEZ ABRAHAM, Antonio Rafael; BAZAN ARRIBASPLATA, Sandra Noemi; FLORES SOLIS, Juan Gerardo  e  ARIAS PEREYRA, Guillermo. Impact of the terms of trade on the GDP of the agricultural sector: An empirical analysis for the Peruvian case. Impulso [online]. 2024, vol.4, n.8, pp.158-179.  Epub 20-Out-2024. ISSN 2959-9040.  https://doi.org/10.59659/impulso.v.4i8.55.

This research aims to determine the impact of the terms of trade (ToT) on Peru's agricultural GDP for the period 2000-2022. The research is applied in nature, employs a quantitative approach, with a non-experimental, longitudinal, and explanatory design. The results suggest that there is a positive relationship between the ToT and agricultural GDP; that is, when the ToT increases by 1%, the sector's GDP grows by 0.261053%. The coefficient β1 for ToT is statistically significant (p-value = 0.0443), and the adjusted R2 of the model is 0.97. The findings imply that the government should continue implementing public policies aimed at developing agricultural infrastructure, maintaining a climate of confidence to attract investments, and investing more in training and innovation in the sector, as agricultural activity is a source of livelihood for thousands of Peruvian families, especially in rural areas of the country.

Palavras-chave : Terms of trade; Agricultural GDP; Econometric model; Public investment; Public policies.

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