Effect of Stock Market Development on Economic Growth in Peru
DOI:
https://doi.org/10.56216/radee022024ago.a01Palabras clave:
capital market, capitalization, economic growthResumen
This paper aims to investigate the relationship, behavior, and relevance that the main variables of the Peruvian capital market have with the economic growth of Peru in the period 2015 - 2018, for which statistical series and the application of the methodology of a dynamic model have been used in order to validate the hypotheses and answer the problem posed. The results obtained, with each in monthly periods, showed that between Gross Domestic Product (GDP) and the variables of negotiable amounts and stock market capitalization there is a positive relationship during the period 2015 - 2018. However, these variables explain the variation of GDP in a smaller proportion.
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